USD/JPY H4 - Possible structure (Long)

Pair pushing resistance channel, but a clear bullish divergence suggest that the price is about to break high and a possible structure can be developed as showed.

If the price falls beyond ABCD pattern PRZ, the structure will be invalid and another idea has to be prepare...

For long entry: wait for reversal bar pattern inside ACBD pattern PRZ box.

Commentaire:

H1 chart can help to follow this idea...