Hellena | USD/JPY (1D): Short from Fibo range

22 Jun 2023

Dear colleagues, I would like to present an important idea to your attention!
A wide range of resistance is clearly visible, formed by the 61.8% and 78.6% Fibonacci levels. The formation of a SELL pattern within this range is likely to trigger a decline in the trading instrument's value.
The support level of the correction channel is the nearest target level.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

25 Jun 2023

Nota

Colleagues, please be very attentive not to miss out on short positions! This week, I expect to see a pattern for selling, and it will come.

29 Jun 2023

Nota

Dear colleagues, I believe that the upward trend is not over yet, but I think that it may be possible to start opening short positions and then moving to breakeven.

2 Jul 2023

Nota

It is likely that the price will reach the 78.6% Fibonacci level, but before that, a correction to the area of 142 is possible. I would like to remind you that the most important thing is not to miss the entry point for a short position! In case of a correction, make sure to adjust your trades to break even.

11 Jul 2023

Nota

Dear colleagues, it is possible that the price will update the high once again. Please be cautious.

19 Jul 2023

Nota

I expect a small correction, after which the price will continue to move downward.

30 Jul 2023

Nota

Dear colleagues, I anticipate that the price will reach its targets in the upcoming week!

13 Ogo 2023

Nota

Despite all our hopes, the pair has returned to the selling zone. Therefore, I suggest considering only short positions for opening trades.