JPY/INR: Braced for Upward Rebound
We have two trading strategies available
1. The first approach involves simplicity: focusing solely on trading the C wave. We wait for the completion of the A wave, identify the subsequent B wave, and then use price action signals to enter the market.
2. Alternatively, we can opt for a strategy where we wait for a higher high before initiating a long position. We set our stop-loss below the previous low to manage risk effectively.
1. The first approach involves simplicity: focusing solely on trading the C wave. We wait for the completion of the A wave, identify the subsequent B wave, and then use price action signals to enter the market.
2. Alternatively, we can opt for a strategy where we wait for a higher high before initiating a long position. We set our stop-loss below the previous low to manage risk effectively.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.