X5
Long

USD/JPY H4 - Possible structure (Long)

X5  
FX:USDJPY   U.S. Dollar/Japanese Yen
Pair pushing resistance channel, but a clear bullish divergence suggest that the price is about to break high and a possible structure can be developed as showed.

If the price falls beyond ABCD pattern PRZ, the structure will be invalid and another idea has to be prepare...

For long entry: wait for reversal bar pattern inside ACBD pattern PRZ box.

snapshot

Comment: H1 chart can help to follow this idea...
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