Sell again on the pullback up | 13 August 2015
13 August 2015, USD/JPY
Daily chart: the middle Bollinger bond keeps bears so far, but ADX is weak, so I recommend to wait for the breakthrough of the bottom bond (123.28)
.png "Sell again on the pullback up")
Н4: the ascending correction to yesterday fall is probable till 124.92, where we can identify O&U on the minor charts.
.png "Sell again on the pullback up")
Н1: mush resistance - 124.38, 124.58, 124.92. From one of them the support 123.54 may be.
.png "Sell again on the pullback up")
Expectations: so we wait for the new decline to 123.54 from 124.38-124.58 .
Trading solutions:
1) Sell from 124.38-124.58 to 123.54.
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.
