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RemoraTrading_
Jan 10, 2024 4:36 AM

USDJPY Short Short

U.S. Dollar/Japanese YenFXCM

Description

Nice .618 confluence. SL about .80% of the Fibo.
TP's should start at 0 of the impulse I think
Comments
RemoraTrading_
price is about .618. I would wait for a change in structure at least in lower timeframes and then enter on a retest to the downside.
Genius345
how you read this chart
too much noise
RemoraTrading_
@Genius345, It is clearer in lower timeframes. It is a theory I have developed. It is what I use once a pair has caught my attention for a possible move.
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