USDJPY divergence on daily shows pair found 2014/10 support
Updated
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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