USDJPY on the 4h chart has moved in a series of lower low lower high.
The price after the recent low has retested the previous support, turned resistance, at the 50% of the impulse.
The market can now create a new recent low and we will wait for a potential break of the support at the 0.382 Fibonacci level and look for a nice short order according to the Plancton's strategy rules.
The price after the recent low has retested the previous support, turned resistance, at the 50% of the impulse.
The market can now create a new recent low and we will wait for a potential break of the support at the 0.382 Fibonacci level and look for a nice short order according to the Plancton's strategy rules.
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Note
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Disclaimer
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.