Possible idea for USD/JPY
When we look at the chart we can see that the price is going into the support area. If the price is unable to break below the support area we could consider to go long in this pair.
This is also the case when we look at the RSI, because the RSI is very low at the moment.
When we look for a divergence we can see that there is happening one at the moment but that one won't be valide anymore if the price is able to break below the support area. So if we look at the divergence side of the trade we could even consider to go short on it if it is able to break below the support area.
Please let me know in the comments what you think of it.
If you like the idea don't forget to give it a like and follow me for more ideas.
If you have any questions, feel free to PM me.
This is also the case when we look at the RSI, because the RSI is very low at the moment.
When we look for a divergence we can see that there is happening one at the moment but that one won't be valide anymore if the price is able to break below the support area. So if we look at the divergence side of the trade we could even consider to go short on it if it is able to break below the support area.
Please let me know in the comments what you think of it.
If you like the idea don't forget to give it a like and follow me for more ideas.
If you have any questions, feel free to PM me.
ملاحظة
If you are in this trade make sure that you have secured some profit and moved SL into profit as well
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.