LONG POSITION ON USDJPY
This trade was incredibly simple (EZPZ)
1. Price formed a falling wedge pattern which is bullish
2. Price hit my S/R level
3. Price hit my zone on my Fibonacci
4. There was also divergence on the 4H time-frame
Side note for another entry: If price keeps pushing upwards, it could retrace onto the S/R level/Pivot Point and continue upwards.
1. Price formed a falling wedge pattern which is bullish
2. Price hit my S/R level
3. Price hit my zone on my Fibonacci
4. There was also divergence on the 4H time-frame
Side note for another entry: If price keeps pushing upwards, it could retrace onto the S/R level/Pivot Point and continue upwards.
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