rafo05
Short

USDJPY H1 structure short opportunity

FX:USDJPY   U.S. Dollar/Japanese Yen

I share my view of this short opportunity:

USDJPY            
On H4
3. RSI OS on arrowed candle -> leading to regular bearish divergence (possible signal for reversal)
4. 61.8 from bigger swing (marked as 1)
5. structure at points 2, 3, 4

On H1
6. Last 3 candles "respected" 120.30
7. since number 6) small SL above highs of las 3 candles

Maybe in Future:
1. Potential bull bat (orange)
2. POTENTIAL bear gartley (blue): for this, there is still no clue if C will complete. If this gartley completes, it will do a very good structure

As always, comments are welcome
---------------------------------------------
If you like this, hit LIKE and FOLLOW
Also I invite you to check: http://www.facebook.com/pages/Rafael-Rodriguez-FX-Trader/263116237208086
Subscribe on: http://eepurl.com/bs-oiH

"Build a plan, follow it consistently"

Regards

Rafael
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out