Looking for the entry points into Buy trades | 26 9月 2016

26 9月 2016, USD/JPY

Daily chart: the pair has confirmed a rebound off the lower Bollinger band (100.26). On the one hand, it opens the way up to 102.14 (middle band). But on the other hand, ADX is corrective, which means that movement is unlikely to be unidirectional.

Н4: support from the lower Bollinger band is under the round psychological level 100.00 (around 99.88). But as mathematicians say, it is in the error zone (or, if we translate into financial terms, it is in the area of ​​market studs and removal of unnecessary buyers: 101.00 and 102.13 (the middle and upper Bollinger bands).

Н1: a better shaped support of 100.74 (the lower Bollinger band); resistance is at 101.22 (upper band). ADX is very close to the trend line, but it is corrective.

The main scenario - decline to 100.74 and then surge to 101.22

The alternative scenario - a shot in the area of ​​100.00, and then surge to 101.22

Trading solutions: So, we will look for purchase around 100.74 and 100.00

Aleksey Panasenko
FreshForex公司的分析员
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.