LarryLo

USDJPY structure test

FX:USDJPY   U.S. Dollar / Japanese Yen
Support line tested multiple times

Price can go both ways

Bullish
We see RSI divergence, on daily chart could form a double bottom

Bearish
Lower highs forming descending triangle pattern

Waiting for further confirmation before placing orders

Side note: If price goes above 112.5 level, we can short at Bat pattern D point completion
Comment:
Comment: Descending triangle completed

Setting limits on PRZ to go short
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