justagirllearningtotrade

USDJPY Setting Up for Potential Sell

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Price hit 61.8 D extension to the upside for current up fib.

Price is retracing current leg. Hit .27 D extension to the downside on shallow 23.6 retracement on 4 hour.

Anticipating short move up to the 38.2 or 61.8 fib retracement level to travel to matching D extension.

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