Trading idea for USD/JPY


Good afternoon! A trading idea for USD / JPY:

Continuation of the plan recommended last April 20 .

The boundaries of the channel 108 and 106.9 remain. The USD / JPY pair has been trading in it for 5 days. Footsteps of players accumulated along the borders:


Trigger a false breakout of 108 down to set shorts. Hold to the bottom of the 106.9 channel. Movement will be more than 1000p. Limit risks to a ratio of 1/3.

This trading idea is based on "Price Action" and "Stop Hunting" methods.

Good luck!

The material has been provided by InstaForex Company -