FX Today's Trade Strategy 8/18
Yesterday's Trades
・ USDJPY Dollar/Yen (15-minute chart)
Yesterday, I saw a top at 146.50. This rate was the starting point of a sharp drop last November 10 and acted as strong resistance.
So I shorted as it began to fall.
It broke below the 146.0 level I viewed as a pullback, but I confirmed a bounce at the support candidate below it at the H4MA, so I exited the short. +52 pips
Re-entered long on another test of higher prices, and exited on the H4 candle close. +23 pips
・ EURUSD Euro/US Dollar (15-minute chart)
Yesterday, I confirmed strong support around 1.0850.
I went long when the H1 candle formed a lower wick and started to rise. +23 pips
〇 Market Environment and Today's Strategy
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