USDJPY 4H 20032020

20 มี.ค. 2020

Applied negative extrapolation to plot the pitchfork on. Showed a good sign of respect. and because it reverses from the upper parallel and plus the fact that it's respecting the Fibonacci anchor points, I placed a short to the 0.5 ratio

The price will likely still continue to trend upwards until hitting the significant high. Therefore this is a quick trade that I want to see if the set up works or not.