ChrisGrahamFX
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fibonacci
supportandresistance
trendanalysis
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We have a pull back happening to retest the resistance level that was broken. The 78.6 Fib level is lining up with new found support level. Set a buy limit order at the 78.6 fib level. Set your Stop Loss to 30 pips. Move your stop loss into 2 pip profit once you are 15-20 pips in profit. Also, be aware that price may not pull all the way back to the 78.6...
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We have confluence where the 61.8 fib meets the resistance zone. We also have a trendline looking for a third touch. These are three strong confluence indicators.
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USDJPY Potential Trade Ideas 12/2/2018
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