DLavrov
Long

EURJPY Bullish Divergence

FX:EURJPY   Euro Fx/Japanese Yen
97 0 16
RSI and price formed bullish divergence . It's a reversal signal and we can think about opening long trades. ADX starts falling and it's good confirmation that down movement is not so strong. Entry level for long trades should be above Kijun, if price breaks this line. Profit target will be near Senkou A and stop orders below the swing low. If price reverses from Kijun, we'll have a signal for opening short trades.
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