One of the ways to engage in a buying opportunity on USDJPY is by using the Fibonacci Extension, in this case, the setup is completing at 138.02 within the buy zone and not violating the double bottom pull-back.
A 3-bar reversal at the level is the minimum I'm waiting for.
A 3-bar reversal at the level is the minimum I'm waiting for.
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It's amazing how the market bounces off from FE 161.8 ya. It has further shown this is no magic but real analysis.
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Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
