Get started
Michail...Sideris

GBPJPY Fibonacci Inversion Trading Setup

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Michail...Sideris Updated   
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY GBP Fibonacci Fibonacci Confluence fibinversion patterns trendcontinuation mimson_ideas educational education
3
0
gbpjpy gbp fibonacci fibonacciconfluence fibinversion patterns trendcontinuation mimson_ideas educational education
Fibonacci inversion trading setup with 2:1 reward/risk.
If market retest D point short the market. There is also absolute confluence between the 1.618% projection of AB and the 61.8% retracement of the impulse leg.

With regards,
Michail Sideris
Trade closed: target reached:
snapshot

+ 150 pips

Related Ideas

Michail...Sideris
AUDUSD Butterfly and Fibonacci Inversion traqding setup
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.