Good afternoon traders! Congratulations to those who used our trading idea of opening long positions to increase the USD / JPY rate. The quotes successfully reached the level of 108.
Trading idea on May 13: https://www.mt5.com/forex_analysis/quickview/250755
Trading idea on June 1: https://www.mt5.com/forex_analysis/quickview/251988
Both ideas suggested trading in a classic ABC pattern.
Here is the plan of May 13:
Here is the plan of June 1:
Results:
The movements were 1,400 and 700 pips, respectively!
“Price Action” and “Stop Hunting” strategies were used in formulating both ideas.
Good luck!
Source: USD/JPY – take profit!