USD/JPY Pips Before Retracement

Date Pips before retracement Daily High or Daily Low

26th January 2024 15 High
26th January 2024 23 High
29th January 2024 12 High
29th January 2024 4 High
29th January 2024 16 Low
30th January 2024 6.3 Low
30th January 2024 10 Low
30th January 2024 5 Low
30th January 2024 16 Low
31st January 2024 108 Low
1st February 2024 11 Low
5th February 2024 14 High
5th February 2024 7 High
5th February 2024 22 High
5th February 2024 10 High
7th February 2024 12 Low
9th February 2024 10 High
9th February 2024 6 High
12th February 2024 9 Low
13th February 2024 10 High
13th February 2024 22 High
16th February 2024 8 High
19th February 2024 6 Low
19th February 2024 3 Low
20th February 2024 5 High
20th February 2024 7 High
20th February 2024 14 High
20th February 2024 10 Low
20th February 2024 20 Low
22nd February 2024 7 High
22nd February 2024 6 High
23rd February 2024 9 High
start date : 24th Jan 2024
Notes
Data was smoothed a bit , 1-5 Pip Wicks were overlooked
This test is done on the 15 minute chart

Not a wick but rather a close below the low

Based on a months worth of data this was an outlier

almost a wick but bearish close above the high

5.3 pips before reversal , 2 ish close below then wick.

 Basic Statistics
Total Days Frequency of Days that it occurred total observations
31 15 32

Maximum Pips Minimum Pips Maximum Excluding outlier

108 3 23

Observations<30 pips
97%