Get started

Luxalgo

USD/JPYOANDA:USDJPY - Very interesting here when we zoom out on the 4H - If we anticipate price action to continue upwards, we have price at the 4H BreakerBlock, which is right above the 50% fib. - Then drilling down to the 15m, we're looking for a structural break to the upside for an entry - If price continues to head down, this will invalidate the 15m entry long - I then need to look around the 4H 50-79% fib levels for another shot at going long, as this level does not break the recent HL on the 4H.
Long
by makerup