usdjpy failed impulse
Updated
usdjpy has lost bear momentum and cannot continue bearish impulses. i will buy the breakout of 4hr structure and shoot for targets of 38.2 and 61.8 daily chart retracements.
look at lower tf for entry.
long usdjpy setup
- failed impulse
- correctional structure for bullish break
- RSI divergence
entry: tbd
sl: tbd
tp1: 109.114
tp2: 115.508
i will keep the post updated for lower tf structure indicating a bullish breakout will happen.
look at lower tf for entry.
long usdjpy setup
- failed impulse
- correctional structure for bullish break
- RSI divergence
entry: tbd
sl: tbd
tp1: 109.114
tp2: 115.508
i will keep the post updated for lower tf structure indicating a bullish breakout will happen.
Note
structure update right here. price is consolidating and not impulsing further down. we can expect this structure to break bullish. if it does we buy.Note
nice rallyNote
sl in profit and pay close attention to price action..Note
seems like its getting ready to gocheck your charts. uj boutta move pips!
Note
amazing!! almost 1000 pips!!
David K Giraldo
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