One of the ways to engage in a buying opportunity on USDJPY is by using the Fibonacci Extension, in this case, the setup is completing at 138.02 within the buy zone and not violating the double bottom pull-back.
A 3-bar reversal at the level is the minimum I'm waiting for.
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It's amazing how the market bounces off from FE 161.8 ya. It has further shown this is no magic but real analysis.
@JoeChampion, It's amazing how the market bounces off from FE 161.8 ya. It has further shown this is no magic but real analysis.
Tradersweekly
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Thank you for the idea.
RaynLim
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@Tradersweekly, you're welcome. I like to invite you to our discord channel, you may share your trading ideas and interact with other traders. but strictly no ads, promo or soliciting. Link at the footer of my trading ideas.