USDJPY TRADING PLAN

11 May 2019

USDJPY is currently testing 109.5 structure support level.

taking into account the formation of a double bottom pattern
+ clear RSI divergence the market has the potential to pull back up!

our plan is:
if bulls break 110.0 resistance level.
most likely the market will go higher and reach at least 110.5 level.
so we wait for a bullish breakout and then buy the market