USD/JPY the price bounced off from the .382 fib retracement and rejected the .236 Fib level, looking to short it till %0.5 fib level 114.790.
The blue boxes are 4h resistance/support zones, any close above the 115.137 will take the price to retest the breakout at 115.382.
SL 115.162 - TP - 114.795
The blue boxes are 4h resistance/support zones, any close above the 115.137 will take the price to retest the breakout at 115.382.
SL 115.162 - TP - 114.795
Trade closed: stop reached
Trade active
Note
Rising wedge pattern on 1hr chart.
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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.