Hey guys,
Looking at USDJPY here. Overall bearish market. We've had a pullback perfectly to our 61.8 retracement on our impulse. 3rd test and respect of our trend line. All confluence to go short. I see about a 140 pip move to the downside. With a candle close under the fib, i'd say its safe to open a position.
Looking at USDJPY here. Overall bearish market. We've had a pullback perfectly to our 61.8 retracement on our impulse. 3rd test and respect of our trend line. All confluence to go short. I see about a 140 pip move to the downside. With a candle close under the fib, i'd say its safe to open a position.