Hello fellow traders!
USD/JPY Has been bullish for the last 8 days now and is being contested by the bears, I feel that there is a correction happening. So we are looking at the 50% fib retracement level for clarification.
CHECKLIST:
✔BULLISH MOMENTUM
✔RSI IN BEARS POSSETION
✔SUPERTREND IS IN BEARS POSITION TO TEST KEY LEVEL
✔50% FIB LEVEL IS BEING TARGETED
255 PIP ANALYSIS (FROM KEY LEVEL)
USD/JPY Has been bullish for the last 8 days now and is being contested by the bears, I feel that there is a correction happening. So we are looking at the 50% fib retracement level for clarification.
CHECKLIST:
✔BULLISH MOMENTUM
✔RSI IN BEARS POSSETION
✔SUPERTREND IS IN BEARS POSITION TO TEST KEY LEVEL
✔50% FIB LEVEL IS BEING TARGETED
255 PIP ANALYSIS (FROM KEY LEVEL)
Trade closed: stop reached
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Related publications
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.