MagnumZO

MagnumZO

With that being said the Area of Value is perfect as well. With the 50 ema being above the 200ema and price pulling back to the 200 ema with the recent break through resistance at 193.60 which now may be support. Look to targer recent highs at 195-196.50.

MagnumZO

for me this is a 5 star trade, UJ going up into a R1 resistance area @150.25 on par with the recent down trendline from the 1 hour and the overall trend. A 1 hour candle close above 150.31 would cancel this trade for me

MagnumZO

FOREXCOM:USDJPY too nice to pass. Fib giving entry @ 148.91 area. same number called for TP of counter long position.

MagnumZO

First Publish. UJ at support lvl 148.25. Long position opened 148.30 3/19/25 9pm CT trailing stop 17 pips. previous candle is an indecision candle following a recent short into support at 148.25 TP:148.91