Main Quotes Calendar Forum
flag

FX.co ★ USD/JPY - second chance to reach 108!

parent
Forex Analysis:::2020-06-01T07:24:57

USD/JPY - second chance to reach 108!

USD/JPY - second chance to reach 108!

Good afternoon traders! A trading idea for the USD / JPY pair.

A pin bar was formed in the trend last Friday, marking the last day of spring as bullish.

D1 chart:

USD/JPY - second chance to reach 108!

The formation of the bar caused the quotes to roll back 50% this morning.

USD/JPY - second chance to reach 108!

Open long positions to update seller stop orders at 108, limiting the risks of Friday's initiative.

"Price Action" and "Stop Hunting" methods were used to formulate this trading idea.

Good luck!

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...