Different Scenarios | 05 4月 2017

05 4月 2017, USD/JPY

Daily chart: the pair is still inside lower Bollinger envelope ready to drop towards 109.41 (lower Bollinger band) against the background of strong trend ADX.

Different Scenarios

Н4: the pair hit the bottom allowed by bullish Over&Under pattern. If the pattern will be still valid, we may see even an upside breakout of middle Bollinger band (111.18). However, it doesn't match daily chart expectations, which causes ambiguity of scenarios for today.

Different Scenarios

Н1: flat within Bollinger bands range (110.32-110.83) may delay sharp price shifts for some time.

Different Scenarios

Expectations: we have two possible scenarios. The first one is flat within 110.32-110.83. The second one is rise to 111.18 or higher to 112.24

Trading signals: consider trying to buy within the framework of bullish O&U with stop-loss below yesterday's low.

Top up without commission FreshForex

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.