31 July 2015, USD/JPY
Daily chart: as we see, the price continues to steadily work out on bearish pinbar to move down, so, we are waiting it to reach 1.54 within the frames of the current swing
Hourly chart A confidently descending structure. You can add a Sell position at a closer upward swing.
Scenarios: continuation of a decline. Chance of a slight pullback to form the upward swing.
Trading solutions:
1) We are holding sales to 1.54
2)On the event of a rollback up to 1.5587 area, we will be looking for a signal to refill the position down.