You are looking at USDJPY 1hr Chart.
it is very clear a stochastic bullish divergence which can be a good opportunity to go long, hence it is along the trend you cannot go wrong as it is high probability that it will go long.
Trend is your friend!
it is very clear a stochastic bullish divergence which can be a good opportunity to go long, hence it is along the trend you cannot go wrong as it is high probability that it will go long.
Trend is your friend!
Note
TRADE IS COMPLETE.There is a Double Top on Stochastic and price is going high which is a Hidden Bearish Divergence signifies reversal.
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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.