MissEmma

USDJPY Fib Rejection Long

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Confluences: 1) Rejection of 71% fib level, 2) Inverse head and shoulders pattern with broken neck line on H1, 3) strong bullish engulfing pattern on H1, 4) At H4 support, 5) 3rd touch of secondary TL

Now at potential return move of the neck line before we rocket?

Target -27% fib
Trade closed manually: Lost patience with this and manually exited on 13th March at break even.