FX Today's Trading Strategy 11/8

〇EURUSD Euro-Dollar

・Yesterday's Trade

Yesterday, after confirming a break of the previous week's high on the H4 chart, I entered when a pullback formed.

Exit at the close of the next H4 candle. +32 pips profit.

・Market Environment and Today's Strategy

The upward wave from last Friday continues.

Generally bullish, but note that the weekly MA is at 1.0060!

Other traders may start paying attention to the daily MA soon.

Attention on how to interpret the fact that the price reversed at the high from two weeks ago.

〇USDJPY Dollar/Yen

・Yesterday's Trade

Yesterday I shorted when the price broke the previous day’s low, but it didn't drop as expected and I hit stop loss. -5 pips

Last week, a rising line formed by the lows of the prior two weeks appeared to be being watched.

・Market Environment and Today's Strategy

Continue to see a lack of clear direction.

A large price range is not in sight.

For now, focus on price action around 146.0–146.50.

If there is a strong rebound, consider going long.