My Idea on 4H USD/JPY
My Thoughts on 4H USD/JPY.
I am waiting for a retrace signal somewhere around the red circle. My Target will be the GOLDEN ZONE Fibonacci.
I am waiting for a retrace signal somewhere around the red circle. My Target will be the GOLDEN ZONE Fibonacci.
Note
Mind you, look carefully and you will see a brown horizontal resistance line where the candlestick is at right now. It needs to break through to my red circle but if it shows me a bearish reversal now on the horizontal resistance then I will short to the gold zone. Patience will pay you.
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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.