FX Today's Trade Strategy 11/15

〇EURUSD Euro Dollar

・Yesterday's Trade

Yesterday I waited for a pullback to a potential entry, but it did not drop enough.

Also couldn't time a long, so no trade.

・Market Environment and Today's Strategy

After last week's sharp rise, it has been a range-bound, directionless movement.

It seems the range around last week's high near 1.0350 will continue for a while.

If there is a strong rebound at last week's high, I would consider a short.

If it drops to a pullback, I will long the continuation of the upward wave.

〇USDJPY Dollar/Yen

・Yesterday's Trade

Yesterday, as per the morning scenario, I executed a long up to the pullback.

+105 pips

・Market Environment and Today's Strategy

Yesterday's high of 141.0 feels still shallow as a pullback.

From here, will the downwave continue, or will it rise to create a pullback?

Today, I will watch price action around 141.0 to about 140.50 as a key level and be cautious about price action at this rate.

However, since the H4 MA is approaching, I want to be cautious with longs.