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TkCha

USDJPY Bullish Divergence

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
TkCha Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
4
1
trendanalysis chartpattern indicator
On the 4HR chart it seems to me like it is showing bullish divergence on both Stoch and RSI. I am currently waiting for the MACD to cross over for a signal to buy.
Comment:
Comment:
We have about an hour left to see where price is heading on the 4Hour chart. Entry had been reached. If you plan on trading this idea. I suggest putting SL right under the trend line and below the wick.

snapshot
Trade closed: stop reached
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