Hellena | USD/JPY (4H): Short to support area at 148.265.

Dear Colleagues, I think that the price is completing wave 1 of the higher order. I expect a deep correction of wave 2. The first target is the support area at 148.265.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Note

Perhaps the price will renew the high, but from now on I consider only short positions.

Note

Last week there was a good opportunity to take profits in the 148.551 area, but then the price showed a sharp rise. I assume that after reaching the area of 148.865 it is worth either to transfer the deal to breakeven or to close a part of positions.

Trade closed: target reached

Well done! 😁

Hellena_Trade

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Hellena_Trade

✅ Free TELEGRAM channel: t.me/+3vRnN-6fQphiNDVi
🌅 INSTAGRAM: instagram.com/hellena_trader

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