We're long for now | 24 Agosto 2023
24 Agosto 2023, USD/JPY
The bullish sentiment remains intact. The market is currently in an impulsive phase and is in the process of forming the impulsive major outer wave 'V,' with a target set at 148.34. Consider initiating a long position once the market successfully breaks above the resistance zone at 146.43. Your profit target can be set within the range of 148.34 to 150.14. If you already have an active buy trade, it's advisable to adjust the stop loss to breakeven. Ensure you use proper risk management.
Trade Recommendations:
We're long for now
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
