USDJPY - BEARISH - Intraday Pullback to 109.8 - 100 Pips #Forex

USDJPY - BEARISH - Intraday Pullback to $109.8 - 100 Pips #Forex

On the H4 TF from Point A - $113.6 to Point B $106.8

We are now at 61.8% and see resistance. (111.000)

I am looking for that resistance to be held for now and for price to have a small retrace for the H1 TF seen clearly on the H4 TF.

Pulling out my fibs on the H4 TF from the last HL to the HH and on the M30 TF from the last HH to the last LL

I see a confluence with the H4's 50% and M30's 61.8% both line up at $109.8 to that is my target.

After that target I will close my Intraday sell and Continue buying for the main move which is to get to the resistance at $114.

Ordine annullato:

Looking for the continuation of the Higher TF upwards move