fakeout om jpy. to trap buyers and liq sellers.
182.700/600 has to break. then short until 162.250. this is fibo 0.618
182.700/600 has to break. then short until 162.250. this is fibo 0.618
Note
link recovery trade on gbpjpy!!
it was a fake out, i didn't wait for the close of the 4h.
you make a range box of the breakout candle, you sell if price is in the box. sl above the box 20 pips.
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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.