17 Agustus 2015, USD/JPY
The daily chart: rising structure is being formed, for which the bulls need not to lose the bottom 123.00 and create a downward swing, followed by a break of the last Top 125.25.
H1 chart: here we have the similarity of the triangular consolidation. Looking for long-signals in the area of 124.25 with stops under 124.05.
Scenarious: decline to 124.25 and then growth above 125.05
Solutions:
1) Purchase from 124.05 to 125.50.