Dollar A.S. / Yen JepangPenjualan
USDJPY
USDJPY been putting in a series of LL's and LH's confirming that we are in a drowntrend. Looking for price to now complete its complex pullback and put in the next LH and continue down. I have a equal measued move coming from the recent Low @ 110.600, also a fib extension from the first leg on of the equal measured move and a fib inversion of the retracement move. The fib extension, fib inversion and the fib retracement all give me a clear area of where price action may start to sell off at. Will be looking for entrys on a smaller timeframe.
Targeting the previous lows.
Stops placed above resistance level @ 111.558 with a slight buffer.
Risk to reward for this trade is 1.97:1
Equal Measured move = Purple
Fib Extension = Orange
Fib Inversion = Light Blue
Fib Retracement = Yellow
Targeting the previous lows.
Stops placed above resistance level @ 111.558 with a slight buffer.
Risk to reward for this trade is 1.97:1
Equal Measured move = Purple
Fib Extension = Orange
Fib Inversion = Light Blue
Fib Retracement = Yellow
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.