winnie144
Long

Potential Long Opportunity

FX:USDJPY   U.S. Dollar / Japanese Yen
Potential Long Opportunity on USDJPY:
- I am going to wait for price to decrease to 110.979 - support level
-Minor RSI Divergence
-Possible multiple targets
-Decent Risk/Rewards Ratio - in the case of multiple targets more than decent...great risk/reward ratio
Trade closed manually: I took some pips and that´s it
That is a hidden bearish divergence which suggests a short opportunity? Correct me if I am wrong
Reply
winnie144 Shivam_93
@Shivam_93, Thank you for your comment, you are right, connection with divergence was my overthinking and should not be related, but I still insist upon short move up.
We shall see what will happend.
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