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USDJPY Pullback
4HR Made a Higher High
4HR broke thru Major sloped wash line (in Yellow)
4HR top candle tails rejecting from weekly resistance & Pitchfork edge
Major trend continues bullish to trade pullback wait for additional signals (inner candle+Fractal candle+Divergence) be conservative and trade short only for pull back
If Sell:
SL could be placed on top most whick of candlesticks
TP1 @ 30 Pips
TP2 @ 50 Pips
if Buy:
I will wait until price goes back to Daily Support & Pitchfork Center line to retest, wait for signs of reversal or 4HR continuation (Hidden Bullish Divergence or bullish reversal Divergence)
May the Profits be with you!
4HR broke thru Major sloped wash line (in Yellow)
4HR top candle tails rejecting from weekly resistance & Pitchfork edge
Major trend continues bullish to trade pullback wait for additional signals (inner candle+Fractal candle+Divergence) be conservative and trade short only for pull back
If Sell:
SL could be placed on top most whick of candlesticks
TP1 @ 30 Pips
TP2 @ 50 Pips
if Buy:
I will wait until price goes back to Daily Support & Pitchfork Center line to retest, wait for signs of reversal or 4HR continuation (Hidden Bullish Divergence or bullish reversal Divergence)
May the Profits be with you!
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