We are looking for the entrance to the daily pin | 16 September 2015

16 September 2015, USD/JPY

The daily chart: good pinbar at the end of the downward swing can start upward movement with breakthrough of the last top (121.34 and 121.73), with a view to 124.38.

We are looking for the entrance to the daily pin

H1 chart: non-directional structure, so we are based on the daily trend (searching for entrances in the upward direction), so - we need an acceptable Long signal at the end of the downward swing. You need patience to wait for this.

We are looking for the entrance to the daily pin

Expectations: wait either for two intersections of swings up or Long-signal at the end of the downward swing (presumably, in the area of ​​119.84) .

solutions:

1) Buy from 119.84 to 124.00 (in the middle run)

Aleksey Panasenko
Analis perusahaan "FreshForex"
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