So simple! Entry point!

Now, I will explain the entry points that my family often looks at.

USDJPY Daily

Our definitions of uptrends and downtrends are based on

observing the direction of the MA with the Dow Theory as a premise.

In addition, we keep in mind the divergence between the 200EMA and 20EMA.

When the divergence is high, the price tends to revert to the MA or undergo a correction, regardless of the time frame.

So in an uptrend, signs of trend reversal such as the W-top or head-and-shoulders,

or candlestick patterns like a pin bar (in a downtrend we await the opposite patterns) become visible,

we step down to lower time frames and enter the trade.

Even on a 4-hour chart there are this many entry points.

Let’s drop this down to a 5-minute chart.

The initial momentum is so strong that entry is not possible at first, so