USDJPY Buy Flashcard
USDJPY Buy - Entry off of double bottom formation with divergence and TDI hook below 32.
- Stop loss below the formation by 10 pips
- Entry at RSI (green) Signal line (red) cross
- Divergence on TDI
- Bullish cycle
- Exit TP 1 @ days initial high
- Exit TP 2 @ RSI (green) cross back under Signal line (red) and TDI hook above 68
- Both exits are the same in terms of pips more or less
- Stop loss below the formation by 10 pips
- Entry at RSI (green) Signal line (red) cross
- Divergence on TDI
- Bullish cycle
- Exit TP 1 @ days initial high
- Exit TP 2 @ RSI (green) cross back under Signal line (red) and TDI hook above 68
- Both exits are the same in terms of pips more or less
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