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VladimirRibakov

USDJPY Buy Idea

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
VladimirRibakov  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis USDJPY buy Divergence convergence correction breakout
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trendanalysis usdjpy buy divergence convergence correction breakout
D1 - Price respected the D1 range. We also had divergence.

As long as last low is holding we can look for pullbacks and buys.

H4 - Classical pattern has formed - Bullish divergence followed by bullish convergence.

We currently have band to band move.

Looking for pullbacks in order to go long.

In case we get a breakout below the range we can look for sells towards the 104 zone.
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