Hi traders, usjdpy recently made double top and after retest 0,618 fibo i want short. i want keep this trade longer i think it's big chance usdjpy will go more down to retest 0,618 fibo of the big swing (D1).
Have a nice day.
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first take profit was hit, stop loss moved to 111,25
I agree with your bullish view on USDJPY. Our trading signal idea is also of the same bias. We have found roughly support level at 112.67 which is also a horiozntal overlap support where we are expecting a bounce.
Additionally, Stochastic is also approaching resistance which backs up our bias.
Additionally, Stochastic is also approaching resistance which backs up our bias.
Glad to see that we have the same bias for USDJPY