23 December 2016, USD/JPY
Daily chart: inside bars succession triangle narrowed to the maximum, soon we will know the outcome. The pair is technically ready not only to reverse down, but also to decline. The first mid-term stop points are 115.20 and 111.37 (middle and lower Bollinger bands).
Н4: horizontal range of Bollinger envelopes (117.06-118.09) might be range, where Friday trades will be (as a final preparation for Monday reversal).
Н1: here we see that ADX is preparing for a trend. Potential is not so big (117.06), but it fits to Н4-scenario.
Expectations: we expect decline towards 117.06 (or even lower)
Solutions: sell to 117.06 (mid-term trades might be kept up to 115.20 and 111.37)
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