I am a fan of Fibonacci retracements. I’ve had this emerging setup in USDJPY as we had an impulse bearish M15 candle
I anticipate a pullback to the 50/61 levels and a sign of a continuation.. If all the parameters win place, I’ll short for a 1:4 Risk:Reward trade…
I anticipate a pullback to the 50/61 levels and a sign of a continuation.. If all the parameters win place, I’ll short for a 1:4 Risk:Reward trade…