USDJPY is making AB=CD pattern. And we have a very prominent divergence at the potential reversal zone i.e., D. Now, I am expecting reversal of trend. So that is why I have placed entry point at point B and stop loss a little above point D.
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.