I rest my case based on the following argument, and let’s not forget that the market is not a bargaining chip, and I accept the risk of 2% out of the balance.
The argument for opening the trades:
#24465099 USDJPY 28.02.18 12:04 M5
A – H4 SUPERTREND – UPTREND; H1 SUPERTREND – UP
B - At M5 (0/8) – it is the hardest line to fall below. This line is the hardest to penetrate on the way down and give the biggest support. Same time as resistance we have H4 SUPERTREND – UPTREND.
It is possible to have a HEAD AND SHOLDERS formation as well, sustained by the hidden divergence on M5.
Also on the higher time frame H1 we have a trend continuation hidden divergence also.
#24464618 USDJPY 28.02.18 12:00 H1
#24465099 USDJPY 28.02.18 12:04 M5
The argument for opening the trades:
#24465099 USDJPY 28.02.18 12:04 M5
A – H4 SUPERTREND – UPTREND; H1 SUPERTREND – UP
B - At M5 (0/8) – it is the hardest line to fall below. This line is the hardest to penetrate on the way down and give the biggest support. Same time as resistance we have H4 SUPERTREND – UPTREND.
It is possible to have a HEAD AND SHOLDERS formation as well, sustained by the hidden divergence on M5.
Also on the higher time frame H1 we have a trend continuation hidden divergence also.
#24464618 USDJPY 28.02.18 12:00 H1
#24465099 USDJPY 28.02.18 12:04 M5