USDJPY H4 AB = CD AND H4 DIVERGENCE

28. Jan. 2018

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

28. Jan. 2018

Trade ist aktiv

Long at 108.78

28. Jan. 2018

Anmerkung

Added long at 108.68

29. Jan. 2018

Anmerkung

Final add long at 108.57

2. Feb. 2018

Anmerkung

Nice, TP1 hit at 108.78

2. Feb. 2018

Anmerkung

*109.78

6. Feb. 2018

Trade wurde manuell geschlossen

For position 2 and 3 closed manually, because price action show reversing