31 7月 2015, USD/JPY
daily chart: despite the heavy plate in 124.37-124.47 zone, bulls managed to achieve the main goal - to increase local High thereby securing themselves the second major crossing of swings in the upper direction. Therefore, after a roll down, you can search for entrance points to buy in the next swing, which may have the character of the impulse
.png "Selling to 123.50")
Hourly chart pinbar at the end of the upward swing. It looks suitable for trading. Sell with Stops set above the nose of the pin (124.30) and the profit zone 123.50.
.png "Selling to 123.50")
Scenario: decline from current levels to123.50
Solution:
1) Selling, Stop at 124.32, TP 123.50.
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