Possible break of the range

FX:USDJPY   U.S. Dollar / Japanese Yen
Read text in chart, there are 2 situations which I believe may take place. Price action will allow me to take my entry.
If this isn't enough of a confirmed breakout, you will miss the boat. I've bn wtching this thing allday so I knw it's heading up until it completes it's structure to then fall as we are in a downtrend with good resistance:)
I see your point, which level are you expecting to see resistance at? and what do you think about the divergence?
TradZ Sharif_KM
I don't pay too much mind of Divergence only on a MACD level:) But I was expecting prices to head back down after hitting 110.5 Or 111(my profit target) but after hearing of this BOJ news, who knows!
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