
Forex Technical Analysis USD/JPY
USD/JPY
Why I think from next week will be a Buy ?
W1:
– Have make a breakout and now is retest the zone.
– Strong support

D1:
– Fibonacci retracement: 0.236, 0.5, 0.618

– Strong support
– Chart line
– Stochastic rsi oversold

– Risk/Reward: 1:5
– Entry: 110.800
– SL: 110.000
– TP: 114.000

*This post is not a financial advice, It’s only my personal opinion. Do your own research before making investment decisions.
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+100 Pips in profit now.
good clue. thank for sharing