Malaysia
2025-04-29 03:19
IndustryBest timeframes for USD/JPY Fibonacci analysis
#CurrencyPairPrediction
For USD/JPY Fibonacci analysis, the best timeframes depend on your trading style:
Short-term traders (scalping/intraday): Use 5-minute, 15-minute, or 1-hour charts to apply Fibonacci retracements for quick pullbacks or trend continuations.
Swing traders: Prefer 4-hour and daily charts for more reliable Fibonacci levels aligned with larger price moves.
Position traders/investors: Use weekly or even monthly charts to identify major Fibonacci retracement and extension zones over longer periods.
Key point: Higher timeframes (daily/weekly) usually offer stronger and more reliable Fibonacci signals, while lower timeframes can be more volatile but allow for faster trades.
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Best timeframes for USD/JPY Fibonacci analysis
#CurrencyPairPrediction
For USD/JPY Fibonacci analysis, the best timeframes depend on your trading style:
Short-term traders (scalping/intraday): Use 5-minute, 15-minute, or 1-hour charts to apply Fibonacci retracements for quick pullbacks or trend continuations.
Swing traders: Prefer 4-hour and daily charts for more reliable Fibonacci levels aligned with larger price moves.
Position traders/investors: Use weekly or even monthly charts to identify major Fibonacci retracement and extension zones over longer periods.
Key point: Higher timeframes (daily/weekly) usually offer stronger and more reliable Fibonacci signals, while lower timeframes can be more volatile but allow for faster trades.
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