Short bias on USDJPY
It broke the daily trendline, waiting for retest at two possible points:
1. Resistance on 15m timeframe and daily pivot level.
2. Between 0.5 and 0.618 fibonacci retracement.
I see possibilities of reaching 141.50
Always wait for confirmation before entering any position.
Good luck!
It broke the daily trendline, waiting for retest at two possible points:
1. Resistance on 15m timeframe and daily pivot level.
2. Between 0.5 and 0.618 fibonacci retracement.
I see possibilities of reaching 141.50
Always wait for confirmation before entering any position.
Good luck!
Trade closed: target reached:
USDJPY beautifully retested the first idea:
--> Resistance on 15m timeframe and daily pivot level).
Entry at second short candle, 133 pips gain!
Happy Trading!
--> Resistance on 15m timeframe and daily pivot level).
Entry at second short candle, 133 pips gain!
Happy Trading!