Hi everyone !
This is quick update on USD-JPY, as the pair is approaching to it's resistance on stochasti 14/5/3 so is approaching it's previous support at 110.6 which should work now as resistance (100 FIB), Our next target is 109.6 or 141.8 FIB, we may see also extended wave to 161.8 FIB.
Good Luck trading.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
This is quick update on USD-JPY, as the pair is approaching to it's resistance on stochasti 14/5/3 so is approaching it's previous support at 110.6 which should work now as resistance (100 FIB), Our next target is 109.6 or 141.8 FIB, we may see also extended wave to 161.8 FIB.
Good Luck trading.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Note
Stop loss 111.225 just above 78.4 FIB
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.
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.