tommyb35
Short

Fib inversion at market on Eur/Jpy

FX:EURJPY   Euro Fx/Japanese Yen
We have a fibonacci inversion trade setup currently at market right now on Eur/Jpy             . The best thing about this current trade is the double top that price action has put in at the 1.618 fib ext. Normally when i trade this I place my stops above the 2.130 fib ext. Since a double top has been put in, it has allowed me to drastically reduce my risk. Now I have an even better Risk to reward profile.
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