in 4H chart:
Bottom of the parallel channel
50% fibo retracement
Moving average 100 (blue curve)
Divergence in RSI
Buy in uptrend move
> Buy
Entry : 111.6
-Stop : 111.45 (15 pips)
-TP1- : 112.00 (40 pips)
-TP2- : 112.80 (120 pips)
Bottom of the parallel channel
50% fibo retracement
Moving average 100 (blue curve)
Divergence in RSI
Buy in uptrend move
> Buy
Entry : 111.6
-Stop : 111.45 (15 pips)
-TP1- : 112.00 (40 pips)
-TP2- : 112.80 (120 pips)
Order cancelled
Think about selling in USDJPY after break bullish parallel channel.[img]
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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.