Potential 2618 on H4 Long

British Pound/Japanese YenFXCM

Description

⋅ Jan 25, 2016 11:31 AM

Before price broke up through the bearish trendline, it placed a multiple retest of 165 area with RSI divergence,
Potential retest of broken trendline aligns with a 0.618 retracement and offers a 2618 trade with reasonable risk to reward ratio