USDJPY long opportunity
Updated
There is a large bullish bat forming on the daily. We bottomed out on the 15M accompanied with the RSI going O/S along with hidden divergence, so this is an alternate way to enter the bat. However, without placing your stops below the X leg & exposing yourself to an undersireable amount of risk, you can use the double bottom as an indicative area to place stops at.
Good luck.
Good luck.
Trade active
Note
The market has put in another double bottom, giving an additional reason for entry.Trade closed: stop reached
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