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.
Like 0
I want to comment, too

Submit

0Comments

There is no comment yet. Make the first one.

smurk548
Trader
Hot content

Industry

Event-A comment a day,Keep rewards worthy up to$27

Industry

Nigeria Event Giveaway-Win₦5000 Mobilephone Credit

Industry

Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit

Industry

South Africa Event-Come&Win 240ZAR Phone Credit

Industry

Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit

Industry

[Nigeria Event]Discuss&win 2500 Naira Phone Credit

Forum category

Platform

Exhibition

Agent

Recruitment

EA

Industry

Market

Index

Best timeframes for USD/JPY Fibonacci analysis
Malaysia | 2025-04-29 03:19
#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.
Like 0
I want to comment, too

Submit

0Comments

There is no comment yet. Make the first one.