Claybowl

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.
Reply
I like that I LIKE THAT
+1 Reply
Claybowl PatricioPebe
@PatricioPebe, Thanks, yo!
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