Lihat juga
14.11.2023 09:42 AM
After updating the weekly low during the US session, USD/JPY fell down, losing 700 pips in just a minute. It currently trades at pullback levels, providing sellers with good prices to form short positions.
Looking at the three-wave pattern (ABC), where wave A represents yesterday's movement, traders could consider taking short positions, with stop-loss set at 151.90. Take profit upon the breakdown of 151.224.
Traders can consider holding shorts until 148.8 and 147.3 in the medium-term.
The trading idea follows the framework of the "Price Action" and "Stop Hunting" strategies.
Good luck in trading and don't forget to control the risks! Have a nice day.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
