empty
 
 
10.09.2020 08:54 AM
Trading idea for the USD/JPY pair

This image is no longer relevant

Yen has been trading in a narrowing range for quite some time now, but yesterday, the quote was able to break out of the upper limit, the cause of which is the pin bar pattern that has captured buy stop orders over the past few days.

This image is no longer relevant

To fully escape the triangle, as well as raise USD / JPY in the market, use the pin bar as pivot, and then place profit at 107.

Profitability for this strategy is 3:1.

Of course, controlling the risks should not be left out, so as to avoid any losses.

Best of luck!

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback