USDJPY Long/Buy Idea
waiting for a momentum candle close above 108.70 to buy this one
Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Long-Term Channel (in blue)
3- Rejection/Support zone from Daily 107.00 - 108.00
4- Inverse Head and Shoulders pattern is forming now (not complete yet)
Three confluences are enough to consider Buying USDJPY, after a break above 108.70 (in black)
waiting for a momentum candle close above 108.70 to buy this one
Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Long-Term Channel (in blue)
3- Rejection/Support zone from Daily 107.00 - 108.00
4- Inverse Head and Shoulders pattern is forming now (not complete yet)
Three confluences are enough to consider Buying USDJPY, after a break above 108.70 (in black)
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RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.