As I said in the last months ... USDJPY rejected from Fibonacci 786 103.600 and now it is on its way to the 109.500 area and after an extended range area ... even to 111,50 ...UJ rejected as I said until the 108.600 area and even if it goes up 30-40 pips ... it will retest the 108.400-108.000 area and from there .... UP again!
THIS WEEK...UJ closed below 108,000 and now I will look for SELL until the Fibonacci 0.5 area from where I expect a major rejection of 200-250 pips! however ... if it closes even for 4 hours over 108,450 it will make me follow BUY to the area 109,800
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION: Our analyzes have an accuracy of over 92% in the last 5 months We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market. *This information is not a Financial Advice.
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.