28 Agustus 2015, USD/JPY
The daily chart: a continuing upward correction. Its potential is limited to the middle Bollinger band (123.16), where we can sell again.
Н4: active local ADX also contributes to developing of the area 123.16 by buyers.
Н1: this day flat is possible 120.81-121.48
Expectations: So, we wait for flat 12.081-121.48 as preparation before finalizing of 123.16.
Trading solutions: 1) buy on the pullbacks down. Target is 123.16 (extraday).
2) In the area of 123.16 you can put Sell Limit orders.