We're long for now | 03 Octubre 2023
03 Octubre 2023, USD/JPY
USDJPY remains bullish. The price is nearing completion of the most outer major impulsive wave 'v,' and our target is the resistance zone at 150.40. We plan to wait for the price to reach our target of "150.40" before considering a short position. If you wish to enter a long position (Risk entry), set a profit target between 150.22 and "150.40" and stop loss at "149.60". Please exercise proper risk management, as indicated by the chart, which suggests that the impulsive wave is nearly exhausted.
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.
