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Trader856

USDJPY BUY - HIDDEN BULLISH DIVERGENCE AND BREAKOUT OF A CHANNEL

Long
Dollar Américain / Yen japonais (FX:USDJPY)  
Trader856  
FX:USDJPY   Dollar Américain / Yen japonais
Trend Analysis Chart Patterns usdjpylong breakouttrading downtrend Bullish Patterns
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trendanalysis chartpattern usdjpylong breakouttrading downtrend bullish
It is evident from the chart there is a breakout of a descending channel, and to confirm this breakout consolidation has occurred above the trend line and a bullish divergence on 3 hour time frame has formed. Therefore potentially allowing for a good R:R trade like all the other ideas i have previously posted.


*NOT FINANCIAL ADVISE* MERELY AN OPINION
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