OKAY EVERYONE , what I have here is the currency pair USD/JPY. This is not my final or my conclusion of this up coiming trade but a perdiction of how price may move.
As you can see I start analyzing the market by using the Renko chart to find more measures and plots price changes thats going on in the selected time frame. My X,A,B is already set up so now we're looking for C,D. By using Fibonacci retracement, in my favor i would like for C to land in a place #FIREPIPS call the Red Zone. Red Zone is between 0.382 to 0.764. Then fall back down to point D that would be the Cool Zone and that is under 1.27. From right there the pattern would be complete. Point C should be done arund 11:45am and point D should done at 3:00pm(15:00) but take note this is a just Prediction so for my opinion its best to place in orders to follow up with price movements.
Any Questions Email me at blackflames0000@gamil.com
As you can see I start analyzing the market by using the Renko chart to find more measures and plots price changes thats going on in the selected time frame. My X,A,B is already set up so now we're looking for C,D. By using Fibonacci retracement, in my favor i would like for C to land in a place #FIREPIPS call the Red Zone. Red Zone is between 0.382 to 0.764. Then fall back down to point D that would be the Cool Zone and that is under 1.27. From right there the pattern would be complete. Point C should be done arund 11:45am and point D should done at 3:00pm(15:00) but take note this is a just Prediction so for my opinion its best to place in orders to follow up with price movements.
Any Questions Email me at blackflames0000@gamil.com