U.S. Dollar / Japanese Yen
Long
Updated

USDJPY close to Fibo 61.8

121
Hi guys, this setup was planned right before FOMC, I think we gonna see this testing 61.8 on FOMC and the day after.
What we see is close to 61.8 that i draw, I was thinking it will test the Fibo 61.8 then we go up as the predicted USD is more favorable compare to JPY.
I put my thoughts onto the chart, have a read. cheers mate.
Trade active
I think we are getting no further down... All this after FOMC, the downward momentum is greatly weaken, plus we didnt have any news support jPY this week.
snapshot
Note
that is a real SL hunting....
snapshot
Note
I think we gonna see 113 if this goes up without much resistant... trade safe.
Note
man it's rough... but stay strong... I will avoid star candle... too risky
Trade closed manually

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.