Divergence trend lines in red show why trend changed into upward movement. USDJPY will be a move up and right now is the right time to hop on the train. It reached the october 2014 support level.
Fibonacci levels show a good amount of confluence on the indicated support levels.
Good luck!
Fibonacci levels show a good amount of confluence on the indicated support levels.
Good luck!
Trade active
Confirmation on the 5 minute chart.Fingers crossed for tomorrow's opening.
Trade closed manually
Trade closed manually with a decent profit as I observed more divergence happening just now. We'll see where this goes on a fundamental basis.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.