USDJPY already formed a Bullish M, and we can see that the support is at .618 fibo and it bounced strongly at .786 fibo.
It has 2 TPs:
1. 108.340
2. 108.813
The risk to reward ratio is : 2.5
Please safe trade and don't overtrade. Remember to use proper MM.
Thank you
It has 2 TPs:
1. 108.340
2. 108.813
The risk to reward ratio is : 2.5
Please safe trade and don't overtrade. Remember to use proper MM.
Thank you
Note
It bounced from the fibo .618 level, anyone who entered at that point. Congrats to you, your RR ration will be even bigger . Cheers
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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.