25 September 2015, USD/JPY
The daily chart: the pair is bought to be put down. This is indicated by expressive Day pinbar. This is very bad for bulls and very good for bears, who anticipate growth at the break of three red resistance from the past Highs, where delicious Stops of sellers are certainly concentrated. The probable target for growth may be 124.38, wher unfinished bearish O & U is seen
.png "Bulls may attack")
H1 chart: we have received two swing intersection, so we already have a local uprtrend structure. In order not to lose this construction, bulls need to retain support 120.00 (the last local bottom). Right now on this way we see strong resistance 120.54. Break above it will initiate the main phase of growth of the pair.
.png "Bulls may attack")
Scenarios:So, we wait for a break above 120.54 and then growth with successive break of 121.00, 121.34, 121.73, and turn into the 122- th figure.
As variation of this plan today, it may take another pullback to zone 120.00, where it is possible to open the purchase.
solutions: Looking for entrances up with goals in 122 figure
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