Trade of the week : USD/JPY H1: 6-7 of September: +4.5% (+145 pips)
For more details and examples of trade, click "Examples of Trade" in the menu
On the 6th, on H4, we have a divergence of the wave up and the ewave is crossing the zero line, on H1, we have a double level H1/H4, the overall trend on daily is down. We place a PO below the H1/H4 box and the PO is triggered with the news.The price drops quickly and we exit the next when the price breaks the upper level of the box for +145 pips, +4.5% profit trade. An excellent trade based mainly on the daily chart trend and analysis.
For more details and examples of trade, click "Examples of Trade" in the menu
On the 6th, on H4, we have a divergence of the wave up and the ewave is crossing the zero line, on H1, we have a double level H1/H4, the overall trend on daily is down. We place a PO below the H1/H4 box and the PO is triggered with the news.The price drops quickly and we exit the next when the price breaks the upper level of the box for +145 pips, +4.5% profit trade. An excellent trade based mainly on the daily chart trend and analysis.
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