Good afternoon traders! Congratulations to those who followed our scheme of short selling the USD/JPY pair in the trading chart.
Here are the past trading ideas for the pair:
The main idea was to open short positions in order to drop the price at the target value 106.6 in the chart.
Plan on July 20:
Plan on July 22:
Plan for today, July 24:
Close 2/3 of the positions and work for a consolidation at the quote 106.
The trading ideas presented were based on Price Action and Stop Hunting strategies.
The material has been provided by InstaForex Company – www.instaforex.com
Source:: USD/JPY – take profit!