When you look at my last post you see USDJPY had bearish correction. Your entry is the POI 0.786 FIB Zone
In my price action post we already had confirmations/retracements at the 0.786 FIB Zone
Another confirmation for the reversal is that both swings have a FIB consolidation at the 1.309 FIB Zone.
Your entry is the blue line at my 0.786 FIB Zone, above it is the stopploss, the orange line.
Price perfectly reached again the 1.309 FIB Zone as its Takeprofit.
Risk Ratio is 1:37
Wait for break of structure retracement to enter the bullrun.
GG Ez MatrixV
In my price action post we already had confirmations/retracements at the 0.786 FIB Zone
Another confirmation for the reversal is that both swings have a FIB consolidation at the 1.309 FIB Zone.
Your entry is the blue line at my 0.786 FIB Zone, above it is the stopploss, the orange line.
Price perfectly reached again the 1.309 FIB Zone as its Takeprofit.
Risk Ratio is 1:37
Wait for break of structure retracement to enter the bullrun.
GG Ez MatrixV
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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.
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.