USD/JPY approaching resistance, potential drop!

Trading Recommendation

Entry: 110.855

Reason for Entry: horizontal overlap resistance, 100% fibonacci extension, 78.6% fibonacci retracement

Take Profit : 109.724

Reason for Take Profit:

38.2% Fibonacci retracement, Horizontal pullback support

Stop Loss: 111.719

Reason for Stop loss:

horizontal swing high resistance