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FX.co ★ USD/JPY - price is above 106.5. Take profit!

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Forex Analysis:::2020-08-12T06:53:39

USD/JPY - price is above 106.5. Take profit!

USD/JPY - price is above 106.5. Take profit!

Good afternoon traders! Congratulations to those who followed the plan last August 5, which was to open long positions to work out the Elliot Wave in the USD/JPY chart.

Plan:

USD/JPY - price is above 106.5. Take profit!

Results:

USD/JPY - price is above 106.5. Take profit!

Congratulations! The movement successfully amounted more than 1,000 pips. The next step now is to take profit at current prices.

Price Action and Stop Hunting strategies were used for this trading scheme.

Have a good day and stay tuned for new trading ideas.

Analyst InstaForex
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