01 March 2016, USD/JPY
Daily chart: the last day was successfully closed for bears (well shaped IB from the middle Bollinger band), so the current correction should be used to search for entry points down
Н4: resistance at the upper Bollinger band (113.81); support is at 111.87 (the bottom band).
Н1: local bullish pressure towards 113.24 and 113.81
Expectations: we expect growth to 113.24 and possibly to 113.81 and then start of downward movement
Trading solutions: 1) Buy to 113.24 and possibly to 113.81
2) Sales from 113.81 to 111.87 (extraday)