X5
Long

USD/JPY H1 - Long setup - Shark pattern

X5  
FX:USDJPY   U.S. Dollar/Japanese Yen
Waiting for:

- Bullish divergence , and
- Reversal bar pattern inside PRZ
Comment: I actually didn't get in this trade because no divergence and reversal bar pattern were present inside PRZ. Now, a bearish divergence is present and suggests that the price is about to fall again and re-test near support.

A bearish 5-0 pattern emerges and could be taken before the bullish Shark (still valid by the way).

Just waiting for reversal bar pattern inside PRZ (this will be so tight). If the price exceeds the 5-0 PRZ box, then I will forget this whole idea.


snapshot
it has potential to reverse back.. but at same time it can take some stops above and then fall :)
Reply
X5 newbie2016
True... there is a posibility of taking profit before FOMC statement
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