USDJPY on the 4h chart after the recent test of the daily resistance at 138 level has dropped perfectly at the 50% retracement of the major impulse.
The market retested the 134 area and is now moving over the support at the 0.5 Fibonacci level.
According to the Plancton's strategy IF the market will break below we can consider a nice short order according to the MTB strategy rules.
The market retested the 134 area and is now moving over the support at the 0.5 Fibonacci level.
According to the Plancton's strategy IF the market will break below we can consider a nice short order according to the MTB strategy rules.
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attempting the break
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attempting now the support break
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break retest and lower low , as expected