#USDJPY Formed a Bullish M

Updated
USDJPY already formed a Bullish M, and we can see that the support is at .618 fibo and it bounced strongly at .786 fibo.

It has 2 TPs:
1. 108.340
2. 108.813

The risk to reward ratio is : 2.5

Please safe trade and don't overtrade. Remember to use proper MM.

Thank you
Note
It bounced from the fibo .618 level, anyone who entered at that point. Congrats to you, your RR ration will be even bigger . Cheers
Chart PatternsTrend AnalysisUSDJPY

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