GBPJPY Fibonacci Inversion Trading Setup Short

British Pound/Japanese YenFXCM

Description

⋅ Jun 2, 2017 7:48 AM

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

⋅ Jun 6, 2017 5:16 AM

+ 150 pips