We're long for now | 29 Septiembre 2023
29 Septiembre 2023, USD/JPY
USDJPY continues to exhibit a bullish trend, with the price nearing completion of the most outer major impulsive wave 'V,' targeting the resistance zone at (150.08). The market is currently in an impulsive phase (impulsive V-wave pattern) and forming the major outer wave 'V,' with our target set at (150.08). If you have an active buy trade, consider moving the stop loss to breakeven to lock in some profits. Lastly, Please note that initiating a long position at this point carries a high level of risk.
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.
