U.S. Dollar / Japanese Yen
Long
Updated

USDJPY-bias long

112
Pair is in bullish trend and making higher highs and higher lows , making a bullish flag in day time frame with the support respected at 156.85
Inverted hammer candle in 4 hr time frame indicates bullish continuation.
Pair is making inverted head and shoulder in 1 hr time frame.
Ma 21 respected in 30 min indicates bullish momentum,.
MA200 respected in 2 hr time frame

Day time frame shows bearish divergence which is on the bearish side point and the MA 21 respected in 2 hr

My bias is bullish based on most of the confluences
Trade plan bias long @ 157.33
SL:156.865
TP1:158.07
TP2:158.66


Trade closed manually
TP1 HIT and reversed.

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