Fibronacci

USD/JPY a short set up!

Short
Fibronacci Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
12
2 Position Trade set up.

SL above Bearish Bat "X"
1st TP at 38.2 FIB of ABCD
2nd TP at 61.8 FIB of ABCD


Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.


Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
Comment:
Comment:
sorry, in the hurry of publishing instantly drawings were not perfectly.
SL and TP kept unchanged.
Trade closed: target reached:
1st position reached TP, SL of 2nd position now to break even!
Trade closed: target reached:
2nd Position TP reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.