Confluence Fib + extension
we have a multiple confluence swing trade set up for usdjpy, i do think its a safe long with proper risk management whether your a options trader or not i think it is a safe trade. we have a 78.6 touch on fib that extends to tp 1 at the 1.27 and i will await for more confirmation in candle stick analysis in the next couple hours to complete this trade
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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.