There is a possible double bottom forming on USDJPY H4 right on a structure level.
RSI oversold, and divergence as well.
Target1 at test of previous outside return, and target2 right below retest of structure level above.
Stops below the structure at 113 inversion.
RSI oversold, and divergence as well.
Target1 at test of previous outside return, and target2 right below retest of structure level above.
Stops below the structure at 113 inversion.
Trade active
Filled at 121.314Trade closed: target reached
Both targets hit.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.