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FqUSD/JPY155.42+0.18%EUR/USD1.0821-0.05%GBP/USD1.2634+0.12%AUD/USD0.6541-0.09%XAU/USD2341.5+0.31%USD/JPYM1M5M15H1H4D1EMARSIBB✦ Formmy155.42150.50153.00155.50RSI(14)7030FormmyAI Chart AssistantWhat's the trend on USD/JPY?Strong uptrend. Price is above both EMA9 and EMA21 withRSI at 71 — momentum is bullish but nearing overbought.— momentum is bullish but nearing overbought.Good entry zone?Watch for a pullback to EMA9(~154.80). That would be a cleaner risk:reward.would be a cleaner risk:reward.Ask Formmy…
FormmyAI Assistant
RSI divergence forming on USD/JPY H4?
Yes — bearish divergence. Price made a new high at 155.62 but RSI peaked lower at 68 vs the previous 73. That said, you're still above EMA9 and EMA21. Divergence alone isn't a signal — watch for a momentum candle break below 154.80 to confirm.
Where would you put the stop?
Above the recent high at 155.70 — about 30 pips. If targeting the 154.00 support, that's roughly 1:6 R:R. Decent, but volume is thin ahead of NFP Friday.
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ENTRY CONDITIONS
RSI(14)crosses above30
EMA(9)is aboveEMA(21)
MACDhistogram >0
BACKTEST RESULTS
64.2%
Win Rate
1.87
Profit Factor
−8.3%
Max DD
312
Total Trades
1.62
Avg R:R
1.34
Sharpe
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USD/JPYH12024-03-14 09:00
REPLAY
future hiddenBUYNOW+24.3 pips150.50153.00155.50
LONG153.42+24.3 pips
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