Fib Matrix Forex Strategies | 2016-07-12 EURJPY +7

Fib Matrix Forex Strategies | 2016-07-12 EURJPY +7

EURJPY +7 2016-07-12 | 60 min bounce trade (Using EURUSD)

Using the Fib Matrix, this is a 60 min bounce trade on EURJPY with further resistance provided by by the 5 min L7 and the 1 mins being nearly 20 pips away. The entry is determined by EURUSD which is also at strong resistance across the 5 min, 15 min and 60 min timeframes

For more details about using forex price action to scalp using the Fib Matrix TimeLanes trading software, here

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