USDJPY OLHC POSSIBLE MONTHLY & YEARLY STRUCTURE
USDJPY OLHC (BUY) POSSIBLE MONTHLY & YEARLY STRUCTURE
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BULLISH DIVERGENCE Monthly Timeframe starting from the 1st September 2016 to current day.
Price in the monthly timeframe indicates a strong support hasn't been found yet. Since priceline is out
of volatility Band this suggest a bearish breakout. we patiently wait for a strong support to begin buying.
DAILY TIMEFRAME shows price has also not found support. We waiting on priceline to cross above bloodline to
confirm strong support so we buy. My target will be back to the monthly open if price finds support.
Trade with Caution. Wait for valid entries.
P A T I E N C E + D I S C I P L I N E
Please support this idea with LIKE if you find it useful...
BULLISH DIVERGENCE Monthly Timeframe starting from the 1st September 2016 to current day.
Price in the monthly timeframe indicates a strong support hasn't been found yet. Since priceline is out
of volatility Band this suggest a bearish breakout. we patiently wait for a strong support to begin buying.
DAILY TIMEFRAME shows price has also not found support. We waiting on priceline to cross above bloodline to
confirm strong support so we buy. My target will be back to the monthly open if price finds support.
Trade with Caution. Wait for valid entries.
P A T I E N C E + D I S C I P L I N E