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USDJPY BUY SETUP
U.S. Dollar / Japanese Yen
Long
USDJPY BUY SETUP
By kacijackson
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Updated
Jun 8, 2020
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Jun 8, 2020
Price has fallen to the 50% fib area.
I am looking for buys at this point and have entered one position.
Jun 8, 2020
Note
On the 4HR price looks to have completed a shallow retracement at the 23.6 level, which means it should stall around the -.27 level ~107.7X level.
Once price reaches this level, I’d look for buy entries.
I’ve closed my open position.
Jun 8, 2020
Note
Jun 9, 2020
Trade active
Jun 17, 2020
Trade closed: stop reached
Fibonacci
Fibonacci Extension
Support and Resistance
Trend Analysis
usdjpylong
kacijackson
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