USD/JPY resistance, support and Fibonacci
USD/JPY short downtrend on H1.
You can see the importance of diagonal resistance and support marked by red lines, creating a kind of tunnel.
On the top of that we have a Fibonacci retracement. Strongest resistance usually at 0.5 and 0.618 levels.
By drawing these it's easier to tell the entry point.
These levels work as resistance, in this case, and giving you an idea where to enter the trade
#SmartInvestmentTeam
You can see the importance of diagonal resistance and support marked by red lines, creating a kind of tunnel.
On the top of that we have a Fibonacci retracement. Strongest resistance usually at 0.5 and 0.618 levels.
By drawing these it's easier to tell the entry point.
These levels work as resistance, in this case, and giving you an idea where to enter the trade
#SmartInvestmentTeam
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。