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12.08.2020 08:53 AM
USD/JPY - price is above 106.5. Take profit!

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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:

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Results:

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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.

Andrey Shevchenko,
Analytical expert of InstaForex
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Earn on cryptocurrency rate changes with InstaForex
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