USDJPY H4 AB = CD AND H4 DIVERGENCE

Aggiornato
Price action at timeframe H4 showing AB = CD pattern, also there's a divergence with MACD indicator. This is good for long position.

Entry level
108.300 - 108.500

Risk
50 pips

Reward
TP1 100 pips
TP2 200 pips
TP3 300 pips (around Fibo 61.8% retracement)

Good luck
Trade attivo
Long at 108.78
Nota
Added long at 108.68
Nota
Final add long at 108.57
Nota
Nice, TP1 hit at 108.78
Nota
*109.78
Trade chiuso manualmente
For position 2 and 3 closed manually, because price action show reversing
Chart PatternsDivergenceTechnical Indicatorsusdjpylong

Declinazione di responsabilità