USD/JPY H4 Long setups

Following pattern on D1 charts and divergences presents, this pair could be starting an uptrend in which I will be looking to target the 50% Fibo retracement of the bullish Shark pattern on D1 and see if the combo Shark – (5-0) it presents.

See link below for more info of the pattern in D1

Commento:

On D1 chart, the bullish pattern has responded and reached the 61.8 – 78.6 fibo retracement. The downtrend remains. I’m looking forward to see a bearish pattern on H4 chart

I’ll be updating D1 chart