DLavrov
Long

USDJPY Bullish Divergence

FX:USDJPY   U.S. Dollar / Japanese Yen
The trading idea is based on a bullish divergence which gives us a trend reversal signal. The price bounces from 109.00 support level and RSI confirms price reversal in the oversold zone. MACD histogram supports possible upward movement. Entry level can be 109.50 with stop orders at 108.20 level. Profit targets are 111.00 and 114.00 resistance levels.
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great sir ..i agree with u since last 26 jan
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did you use trend lines and breakouts for some clear confirmation, or just indicators only
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DLavrov reloaded45
@reloaded45, I prefer to use both variants
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