If you have read my previous analysis of USDJPY, you know that I was expecting a move to 107 again.
Yesterday's candle made a bearish engulfing as well as a stop grabber.
ABCD100 coincides with FIB38.2, that is the target.
Sell entry at 30% retracement of recent move down.
Setup will be invalidated if any daily/D1 candle closed above yesterday's high.
Yesterday's candle made a bearish engulfing as well as a stop grabber.
ABCD100 coincides with FIB38.2, that is the target.
Sell entry at 30% retracement of recent move down.
Setup will be invalidated if any daily/D1 candle closed above yesterday's high.
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