U.S. Dollar / Japanese Yen
Updated

Trading method in parallel channel

60
At present, USDJPY is in a parallel price channel. On the weekly chart, we will find that the current price has reached a strong supporting position.

In this channel, I recommend short on the upper edge and long on the lower edge.

Welcome to follow me and I will share the trading opportunities I have captured!
Trade closed: target reached
Profit closing! But do not do long, I think the risk of long seal is bigger.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.