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USDJPY - Possible Long coming up

Our Story: Retesting the Fib Level

  1. We have hit the Daily Fib for on more time

  2. Plutus Reversal Long wtih SI ratio 13.4/5.1>2

  3. First up wave with such high volume after a very long time

  4. The downwave looks like it having a hard time to move down - lots of volume without the respective pip move, but still forming - patience to see the next move because it could continue down with fast pip move

  5. High SI of 20.8 but again still forming - so patience again

A good indication would be high volume bars at the bottom with up move reaction in the Fib area to go Long.

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