JasonGraystone

EURJPY - Fibonacci Inversion Trade Set Up

Short
FX:EURJPY   Euro / Yen giapponese
19
Predicting a move to 120 on this pair, we have this bearish Fibonacci Inversion set up at marker which is also at a retest of previous structure.

50% retracement, 1414 Extension, 1618 Inversion

Targets at the 618 retracement with stops being a half measured move of the initial target.



We will be going over this trade as well as a few other things on my radar this morning in the Love Room.


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