USD/JPY: Navigating Fib Levels and Cracking Support

Unveiling an intriguing bearish narrative with USD/JPY, where the plot thickens around high time frame (HTF) Fibonacci levels acting as possible resistance. The drama unfolds as low time frame (LTF) support exhibits signs of weakness and potential breaks. Let's dive into this captivating analysis!

Key Plot Points:

• Fibonacci Resistance: USD/JPY encounters formidable resistance at HTF Fibonacci levels, setting the stage for a potential bearish saga.
  
• LTF Support Drama: The LTF support, under scrutiny, shows signs of vulnerability and potential weakness, adding suspense to the downward storyline.
  

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Trade attivo

Ordine annullato:

out for break even

Commento:

looking for a better entry on UJ this week