usdjpy failed impulse

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usdjpy has lost bear momentum and cannot continue bearish impulses. i will buy the breakout of 4hr structure and shoot for targets of 38.2 and 61.8 daily chart retracements.
look at lower tf for entry.

long usdjpy setup
- failed impulse
- correctional structure for bullish break
- RSI divergence

entry: tbd
sl: tbd
tp1: 109.114
tp2: 115.508

i will keep the post updated for lower tf structure indicating a bullish breakout will happen.
Nota
structure update right here. price is consolidating and not impulsing further down. we can expect this structure to break bullish. if it does we buy.
istantanea
Nota
nice rally
Nota
sl in profit and pay close attention to price action..
Nota
seems like its getting ready to go
check your charts. uj boutta move pips!
Nota
amazing!! almost 1000 pips!!

David K Giraldo
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