USDJPY H4 AB = CD AND H4 DIVERGENCE
Updated
Price action at timeframe H4 showing AB = CD pattern, also there's a divergence with MACD indicator. This is good for long position.
Entry level
108.300 - 108.500
Risk
50 pips
Reward
TP1 100 pips
TP2 200 pips
TP3 300 pips (around Fibo 61.8% retracement)
Good luck
Entry level
108.300 - 108.500
Risk
50 pips
Reward
TP1 100 pips
TP2 200 pips
TP3 300 pips (around Fibo 61.8% retracement)
Good luck
Trade active
Long at 108.78Note
Added long at 108.68Note
Final add long at 108.57Note
Nice, TP1 hit at 108.78Note
*109.78Trade closed manually
For position 2 and 3 closed manually, because price action show reversing
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