reluctant to look for short porsitions from this area due to the optimal retracement not met. Perhaps short term yes, but long term I still see further bullish price action. 146.754 level would be premium, so be cautious with your shorts from this level. PROTECT YOUR CAPITAL.
Comment:
As expected, a new high has now been created and up we go towards my marked area. I will ONLY look for shorts from 0.79 FIB level.
Comment:
Price is now reaching 146.754
I will be looking to short USDJPY from that area once I see valid confirmations.
I will be looking to short USDJPY from that area once I see valid confirmations.