USDJPY Buy to Sell Price action
Identified a number of PRZ of interest
Overlapping Fibonacci Retracement and Extension levels
- Double Bottom at 106.8900 level
- Potential Flat correction at B Leg of ABC correction
- Signs of strong rejection at completion (100%) of AB=CD pattern of double bottom
- Looking to enter long at 50% retracement of AB=CD pattern
- Projected Target is 138.2% extension level of Double Bottom Flat correction
Sell Limit
- Entry at 138.2% extension level of Double Bottom Flat correction
- Projected Target is 70.7% retracement of major Impulse Wave; 100% Extension of AB=C Correction
Always Use proper risk management
Overlapping Fibonacci Retracement and Extension levels
- Double Bottom at 106.8900 level
- Potential Flat correction at B Leg of ABC correction
- Signs of strong rejection at completion (100%) of AB=CD pattern of double bottom
- Looking to enter long at 50% retracement of AB=CD pattern
- Projected Target is 138.2% extension level of Double Bottom Flat correction
Sell Limit
- Entry at 138.2% extension level of Double Bottom Flat correction
- Projected Target is 70.7% retracement of major Impulse Wave; 100% Extension of AB=C Correction
Always Use proper risk management
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