U.S. Dollar / Japanese Yen
Long
Updated

DOLLAR_YEN LONG|TRADING PLAN

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3 day chart
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1 day chart
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USD_JPY IS AT A STRONG LEVEL. BOUNCE UP IS PROBABLE.

(1) RSI oversold+Divergence is a double bullish signal
(2) 3D and 1D timeframes show it is a strong level
(3) Wait for Downward resistance to be broken on 1H timeframe
(4) Long. SL below the shadow. Takes on the chart.

Setup valid ONLY if the resistance is broken!

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Note
Daily Closed ABOVE support!

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