USDJPY : Market’s Overview, 31/07/15, @19:37 GMT

Market’s Overview:

USDJPY : price made a deep “hickup” on H4 TF reminding us the power of Entry Criteria, being the perfect example of indecisiveness. Judging from the huge spike below Kijun Sen, Median BBand going UP, Stochastics going UP, Chikou Span having crossed above past price action and leading KUMO being Bullish, I’d rather expect to see a Bullish Price/Tenkan Sen cross on Monday. If both Tenkan Sen and Kijun Sen go UP and Chikou Span goes UP too, I’ll BUY. If I see the EXACT opposite picture, I’ll SELL.

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