DOLLAR_YEN LONG|TRADING PLAN
Updated
3 day chart
1 day chart
USD_JPY IS AT A STRONG LEVEL. BOUNCE UP IS PROBABLE.
(1) RSI oversold+Divergence is a double bullish signal
(2) 3D and 1D timeframes show it is a strong level
(3) Wait for Downward resistance to be broken on 1H timeframe
(4) Long. SL below the shadow. Takes on the chart.
Setup valid ONLY if the resistance is broken!
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Comment
Daily Closed ABOVE support!
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