Bullish Volume Divergences in USDJPY
This long setup in USDJPY is based on the divergence between the Positive Volume Index and the Negative Volume Index. We see that the negative volume in USDJPY remains subdued, while the positive volume increases strongly.
This setup convinces with a good RRR of around 2.4:1.
This setup convinces with a good RRR of around 2.4:1.
Trade closed: target reached
Hit TP
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.