USDJPY Divergence

2019-12-04 13:29:03

Bullish Divergence setup on 1H time frame,
Entry taken on 15 mins.

Reason why i love this setup over the other divergence signal found today is that USD/JPY
is on a uptrend on Daily timeframe and that its currently at the bottom of the channel.

So we are trading in line with the existing trend, signaling that the correction pull back is close to complete.