iam_melvinsmith

Broke .618 on Fib DXY is another confluence to buy

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
First chart publish April 15, 2020
Trade closed: target reached:
Okay so once I seen the price trap in this zone I ran my fibs. My first confluence was the break of the .618, along with looking at the DXY index for USD. After having both of those I entered this trade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.