Here we have a really good trade setup on USDJPY , which includes a pattern and a pattern (blue in color), right at potential reversal zone (PRZ) which consists of several Fibonacci retracements and extensions. 115.18 level (X point of ) is a strong which has been tested several times (marked by red arrows). But we would need to place our stop loss above the previous structure low high. Targets and stops are labelled on the chart above.
Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)
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