A divergence signal appeared with USDJPY
H4 time frame.
Structure: Uptrend.
After the price rallied to the 115,000 resistance area, there is now a divergence signal and a double top on the 4-hour timeframe.
Waiting for the falling price to break the Key level 112,800 and have a signal to confirm the downtrend, then we can find selling opportunities.
Profit target is the price zone 111,000.
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Wish you all have a good trading day!
Structure: Uptrend.
After the price rallied to the 115,000 resistance area, there is now a divergence signal and a double top on the 4-hour timeframe.
Waiting for the falling price to break the Key level 112,800 and have a signal to confirm the downtrend, then we can find selling opportunities.
Profit target is the price zone 111,000.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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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.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.