USDJPY long setup
Hi there,
sharing a long setup on
USDJPY
Entry criteria:
-Monthly timeframe forming a low test/doji candlestick
-Daily bullish engulfing / MACD bullish divergence
-Intraday descending wedge/channel pattern
-Price retraced to the 1h 50 EMA, showing deceleration;
-5m pivot showing support
I set up an entry order over the next pivot line on the 5m chart, targeting roughly the Daily 50EMA / next major resistance level for 2R trade.
Visit the link in my profile if you're interested in learning more on the strategies I use to trade the markets.
Trade safe
sharing a long setup on
USDJPY Entry criteria:
-Monthly timeframe forming a low test/doji candlestick
-Daily bullish engulfing / MACD bullish divergence
-Intraday descending wedge/channel pattern
-Price retraced to the 1h 50 EMA, showing deceleration;
-5m pivot showing support
I set up an entry order over the next pivot line on the 5m chart, targeting roughly the Daily 50EMA / next major resistance level for 2R trade.
Visit the link in my profile if you're interested in learning more on the strategies I use to trade the markets.
Trade safe
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.