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.
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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.
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nice rally
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sl in profit and pay close attention to price action..
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seems like its getting ready to go
check your charts. uj boutta move pips!
check your charts. uj boutta move pips!
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amazing!! almost 1000 pips!!
David K Giraldo
