U.S. Dollar / Japanese YenUpdated USDJPY structure test
Support line tested multiple times
Price can go both ways
Bullish
We see RSI divergence, on daily chart could form a double bottom
Bearish
Lower highs forming descending triangle pattern
Waiting for further confirmation before placing orders
Side note: If price goes above 112.5 level, we can short at Bat pattern D point completion
Price can go both ways
Bullish
We see RSI divergence, on daily chart could form a double bottom
Bearish
Lower highs forming descending triangle pattern
Waiting for further confirmation before placing orders
Side note: If price goes above 112.5 level, we can short at Bat pattern D point completion
Note
Note
Descending triangle completedSetting limits on PRZ to go short
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