Short USDJPY on 5 waves down, and the price shows bearish rejection on 0.5 fib level that could determine the bearish momentum on usdjpy. SL:152.137 TP 1:146.727 TP2:140.502
If we successfully breakout of M15 trendline and horizontal resistance, watchout for retest and buy that sh*t.
Hello guys. If 1.71$ zone broken to upward then at pullbacks you can enter long pisition by confirmation First step i think is around 1.90$ zone So be profitable DONOT TRADE WITHOUT CONFIRMATION
loooong consolidation finnaly broke out. hope we get a strong push down now Finally !!! lol
On Friday November 22nd the market reacted to a 1D fvg; which is the bullish narrative i wanted to see in order to confirm my bullish directional bias. I also applied Fibonacci to the fvg to locate a few long term price targets. Now, all that was required of me was to identify an ideal entry point which was offered today as an order block on the 2H timeframe. I applied fibonacci to the structure it was found in. And clear as day the 79% discount level was aligned with the opening of the Ob. The market reacted to it beautifully as anticipated today
in my opinion market correction or dump will bigun in few hourse so ALL upgrowing senarios fail
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