USDJPY catching liquidity
By building the Fibonacci OTE (optimal trade entry), I've noticed that the 4H order block is perfectly located in the range of 70.5-79% of OTE.
After that, I built two Fibonacci extensions, which confirmed that the marked order block could be the key to entering a short position.
But I would wait for confirmation on lower timeframe, like 15m break of structure to enter short. #OPINIONLEADER#
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
If you like, reward to support.
Hot
No comment on record. Start new comment.