USD/JPY. Price Set for Prolonged Impulse Decline. | 08 3月 2024

08 3月 2024, USD/JPY

USD/JPY. Price Set for Prolonged Impulse Decline.

The trading pair under consideration has finally started moving. The price has remained in a sideways range for a long time, relying on the designated support level. The breakthrough of this level led to a strong downward movement.
Thus, the development of an impulse, which is part of wave (iii), has presumably begun. If this is indeed the case, we may expect a prolonged downward movement with a new low below the minimum set in late December of last year.
In light of this, previously opened sell positions are recommended to be kept active, and additional positions may be opened as opportunities arise.
Investment idea: Sell at 147.55, stop loss at 147.80, take profit at 145.00.

Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus