topvaluestaking

USDJPY Double Bottom 2618 Strategy

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
3
Looking to go long on USDJPY using the 2618 strategy combined with few more things.
Building a case for entry

- RSI Bullish Divergence
- Fib ret 88.6% (61.8% did not kept the price above but 2618 strategy is still valid)
- Weekly Fib ret 50%
- Stochastic Oversold (ready to give a long signal)
- Wait for daily higher high as price confirmation in order to get long

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.