in 4H chart:
Bottom of the parallel channel
50% fibo retracement
Moving average 100 (blue curve)
Divergence in RSI
Buy in uptrend move
> Buy
Entry : 111.6
-Stop : 111.45 (15 pips)
-TP1- : 112.00 (40 pips)
-TP2- : 112.80 (120 pips)
Bottom of the parallel channel
50% fibo retracement
Moving average 100 (blue curve)
Divergence in RSI
Buy in uptrend move
> Buy
Entry : 111.6
-Stop : 111.45 (15 pips)
-TP1- : 112.00 (40 pips)
-TP2- : 112.80 (120 pips)
Order cancelled:
Think about selling in USDJPY after break bullish parallel channel.