USDJPY 240 long – RSI break, new HL

2019-11-17 00:17:45

4H UT since 26 Aug 2019, with converging support and resistance trendlines. Probable new HL. Break in the RSI trendline. This trade has a thin R to R of 0.94, but looks right for SL and TP levels.

Here is the daily chart to see the converging trendlines. Kind of interesting that the resistance trendline started back on 25 June 2019 and 18 July 2019 as support.

https://www.tradingview.com/x/NEplRDgW/