U.S. Dollar / Japanese Yen
Long
Updated

USDJPY Long - Structure Trade

Ignore the purple - that's a potential Gartley pattern on the daily time frame. While I wait to see whether price action completes the Gartley I am looking at a potential structure trade. Price action has been in a pretty strong uptrend but we can see bearish divergence on the RSI. So looking for a pull back down to previous structure for a long entry.
Note
Was looking good until a news event caused it to be stopped out. That is just how it goes sometimes.

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