080520 USDJPY Possible Long Setup
1. Wk price have strong rejection candle at major demand zone
2. Day price reject at major demand zone
3. H4 down TL break, pull back with Sto oversold at major demand zone
4. H4 MACD + divergent setup qualify for entry
Buy
105564
105012
106668
Short Stop
105012
105564
104460
2. Day price reject at major demand zone
3. H4 down TL break, pull back with Sto oversold at major demand zone
4. H4 MACD + divergent setup qualify for entry
Buy
105564
105012
106668
Short Stop
105012
105564
104460
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.