TheOzarkTrader
Short

Fibo levels and Major Levels USDJPY

FX:USDJPY   U.S. Dollar / Japanese Yen
Fibo Level 61.80 confirmed on the Daily TF Bearish movement is in Momentum. - Another Major Level >106.50 was touched and confirmed as resistance -

Weekly TF confirms to me through Volume of Bearish Candles to continue to the Downside.

Entry Level Ideas
>106.500 - 106.400
If trade is entered the following is used for risk management.
> 106.883 for a SL
>106.232 - TP1
>105.862 - TP2
>105.231 - TP3

* I am not a Financial Advisor nor paid to publish these ideas. Trading is risky and Investing can result in total loss of Funds. Please Trade at your own risk and be careful. Again this is just an Idea to share for Educational Purposes*
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