USDJPY Bearish divergence?
Although USDJPY is trending for quite a long time, It is showing bearish divergence here. If we scroll back to the previous correction that was almost 350 pips. Hanging man is also formed at the top. My strategy is to take half position now with strict SL and add more later when strong bearish signal appears.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.