27 Agustus 2015, USD/JPY
The daily chart: impressive inside bar can provide bulls with significant correction (up to the middle Bollinger band (123.25). However, support on the bottom band (118.47) appears to be an attractive level.
Н4: strong resistance at 122.15 (the Upper Bollinger Band)
Н1: here we can see northern determination. It is still possible for the price to roll back to the area of the middle band (119.58), from which bulls may start to 122.15.
Expectations: falling to 119.58 and then start up to 122.15
Trading solutions:
1) Purchases from 119.58 to 122.15