With the overall trend being long I have decided to end my USDJPY short for now and place a retracement trade for 40 pips long.
Note
Retracement Fibo places the target within the pull back zone of 50-62% from yesterday's high and low.Trade closed manually
Decided it didn't look good. I am back short to 113.10Note
Would have worked after all. Thanks Mike
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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.