X5

USD/JPY H1 - Long setup - Shark pattern

Long
X5 Updated   
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.


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