JasonGraystone

EURJPY Fib Inverstion Set up SHORT

Short
FX:EURJPY   Euro / Japanese Yen
17
After hitting target 1 yesterday for 180 pips and then being stopped out for trailed stops, We can now look at more opportunities to get involved with shorting this market.

You can see that we have a Fibonacci Inversion set up at previous structure support should become resistance.
We also have Fib Confluence and you can see market putting in a double top (retest of structure) showing Bearish divergence on the RSI.

For Advanced pattern traders, there is a BAT pattern up at 131.74 lining up with an ABCD pattern.

Great session in the London Live room today. Look forward to tomorrow.


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