USDJPY at FIB levels.

Ok I’ve switched back to FIB trading especially with these horizontal markets. Fibonacci is like trading magic, I’m always amazed at how accurately the lines tally with trading.

I had 2 trades achieve their target FIB levels which closed in profit. I’m now waiting for a signal to trade again. At the moment you can see on the 5 min chart it’s horizontal so an order above @ BUY USDJPY 99.00 target 101.00 and below at SELL USDJPY 98.60  target 97.82

Fib Levels on the 4 hour chart. Look how accurately they map the trading ranges.

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