JasonGraystone

USDJPY - Fibonacci Inversion Trade (Short)

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
30
Whilst doing my pre market analysis this morning I identified there is a potential Fib Inversion trade set up on the USDJPY.

We have a 618 retracement, a 1414 Extension, an ABCD equal measured move, a 1618 inversion and previous structure support

It will be interesting to see if we get a doji candle at the 1618 inversion area.

Good luck in the markets this week and ill see you in the live room.

tradeempowered.com/london-live-room/

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