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agentkatoon

USDJPY Downtrend Continuation Trade Setup

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
agentkatoon  
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY akil_stokes jason_stapleton
2
0
usdjpy akil_stokes jason_stapleton
as you can see the fibonacci confluence are there with extension and the retracement at 0.382
with the long term downtrend from daily chart trendline.
the kill zone area is when the probably the potential entry point.

Feel free to comment as I'm a new trader
Goodluck and happy trading
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