U.S. Dollar / Japanese YenUpdated USDJPY a test of the 50% 🦐
USDJPY on the 4h chart after the recent test of the daily resistance at 138 level has dropped perfectly at the 50% retracement of the major impulse.
The market retested the 134 area and is now moving over the support at the 0.5 Fibonacci level.
According to the Plancton's strategy IF the market will break below we can consider a nice short order according to the MTB strategy rules.
The market retested the 134 area and is now moving over the support at the 0.5 Fibonacci level.
According to the Plancton's strategy IF the market will break below we can consider a nice short order according to the MTB strategy rules.
Note
Note
Note
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.