A zone that combine with weekly resistance
two fib levels
1. 50 level correction from last hi to leg and
2. 1618 extension from recent swing
this is a great place to take profit and see what audjpy gonna do.
is this a correction level of last major leg or
is this a cross zone.
will see
for now long positions are still on
last week this pair didn't do well for me a pin pin bar right on fib 1.271
was ignored
anyway
this week trading this LONG on lower time frame
TP 8750 zone
Good luck
two fib levels
1. 50 level correction from last hi to leg and
2. 1618 extension from recent swing
this is a great place to take profit and see what audjpy gonna do.
is this a correction level of last major leg or
is this a cross zone.
will see
for now long positions are still on
last week this pair didn't do well for me a pin pin bar right on fib 1.271
was ignored
anyway
this week trading this LONG on lower time frame
TP 8750 zone
Good luck
