USDJPY on the 1H time-frame.
Steps:
1. The price created the lower high and breakout the previous low to confirmed the reversal pattern.
2. The price hit TP1 already and it is running to TP2: 107.973 at the support line.
3. If the price breakout the support line then TP3: 107.029 at Fibonacci level 423.6%
4. Trailing slop is working.
Steps:
1. The price created the lower high and breakout the previous low to confirmed the reversal pattern.
2. The price hit TP1 already and it is running to TP2: 107.973 at the support line.
3. If the price breakout the support line then TP3: 107.029 at Fibonacci level 423.6%
4. Trailing slop is working.
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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.
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.