USDJPY H4 AB = CD AND H4 DIVERGENCE

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

Handel aktiv:

Long at 108.78

Kommentera:

Added long at 108.68

Kommentera:

Final add long at 108.57

Kommentera:

Nice, TP1 hit at 108.78

Kommentera:

*109.78

Trade stängt manuellt:

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