- USDJPY Respecting Trend, and channel.
- At a crucial Institutional Zone that has proven to be an area of importance (Red arrows showing area where pullbacks have occurred)
Note
- Fib Level is being retested as well. Another Confirmation.
Trade closed: target reached
Went 100 PIPs into profit. Retest on fib level, price has now moved up to upper parallel with more potential for another SELL Entry
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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.