Fib + Supply zone suggest a short position for USD/JPY pair.
-> Stop loss placed above the supply zone in the previous closed candle wicks.
-> Take profit at next demand / retrace zone.
-> Stop loss placed above the supply zone in the previous closed candle wicks.
-> Take profit at next demand / retrace zone.
Trade closed: target reached
Target reached.
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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.