Awesome_pips

Divergence spotted on USDJPY

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
when you look clearly to the left it seems price just broke a support but this is the trapfor traders to take a sell when it retest..this is definitely liquidity grab by market makers...reason for a buy bias...first is divergence,second is the support line,thirdly you will notice price has not retested the broken neckline...instead of market execution its best to use the buy stop order and give space for stoploss...the pattern on the recent support is the double bottom ..look closely
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