Rollback and a new wave of growth | 16 February 2016
16 February 2016, USD/JPY
The four-hour chart of USD JPY. The pair continued an upward movement. To date, the price stood between the levels and now it is possible to expect a local down downward rollback hitting the four-hours SuperTrend line, from where we can expect a new ascending wave targeting the level (2/8). This option will be canceled by breakdown of the four-hours Supertrend line downward
Trading solutions: Make purchases from the four-hours SuperTrend line
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
