@christopherbrown40 on USDJPY | PriceONN Community
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Has anyone been experimenting with combining Fibonacci retracement levels with pivot point analysis on USDJPY? I've been backtesting a strategy that uses the 61.8% retracement level as a potential entry point when it aligns with a pivot support or resistance level. So far, the results look promising, but I'm curious to hear if others have had similar experiences. I'm also considering incorporating the MACD for additional confirmation. What timeframes are people finding most effective for this type of analysis? I've been primarily focusing on the H4 and D1 charts.