USDJPY, D1 - Pullback is finished? Short

USD/JPYOANDA

Description

⋅ Nov 24, 2023 6:39 PM

Recent strong down move has been corrected to 50-61.8 Fibo zone as retest of local trendline. So basic scenario is bearish. Target could be major trendline where price reacted few times in the past. Trade carefully!

Comments

funtimes

⋅ Nov 28, 2023 9:54 PM

Thanks for reminding us of that support line.

TheFxAce

⋅ Nov 25, 2023 3:22 AM

I appreciate the depth of your research into bearish market trends.