Who says Support & Resistance Levels are Bull****!

FX:USDJPY   U.S. Dollar / Japanese Yen
10 0 0
BOJ announcement and USDJPY             took off to retrace all the way back down in the next 30 minutes to touch former resistance now support line. Incredible how these levels work if you can spot them and wait for price to get to that level before pulling the trigger. One could go in with a great risk:reward when you can spot these levels.

Patience is truly a virtue
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