Potential ~250 pip SHORT on EURJPY - Magic Fibo?

FX:EURJPY   Euro / Japanese Yen
I've had a lot of success trading these 'magic fibo' numbers.

IF the price comes up to test the 61.8% retracement (~129.895) of recent down move, test it, fails to break through, reverses, we have a pretty, pretty good look here to make a high probability swing trade down.

We are looking to IDEALLY take profit at ~127.337.. I felt that volume profile was showing me some pretty good support around that area, so I drew a pretty large 'take profit' box. I'll be looking to take profit anywhere in that area.

250 Pips if it works!

I'll update with more info if I find any.
Trade closed: target reached: Got damn close on this one!
Trade closed: target reached
i think so mate but this time why ej up 555
+1 Reply
Claybowl BarBaAustin
@BarBaAustin, It did have a bit of life left, huh.. I think it's coming down hard now.
I like that I LIKE THAT
+1 Reply
Claybowl PatricioPebe
@PatricioPebe, Thanks, yo!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out