📌 **USD/JPY Buy Setup – Inverted Head & Shoulders** 📌
https://www.tradingview.com/x/WoqlnfcB/
🔹 **Pattern:** 📈 **Inverted Head & Shoulders** (Bullish Reversal Signal)
🔹 **Entry Point:** ✅ **150.500** (Neckline breakout confirmation recommended)
🔹 **Target:** 🎯 **153.800** (Measured move projection from pattern breakout)
🔹 **Stop Loss:** 🔍 Ideally **below 149.800** (Neckline retest zone or recent swing low)
### 📊 **Analysis & Risk Management:**
✅ **Confluence Factors:**
- **Bullish Chart Pattern:** Inverted H&S suggests trend reversal.
- **DXY Strength:** If USD remains strong, it supports this setup.
- **Yield Differentials:** Watch US-Japan bond yields, as rising US yields boost USD/JPY.
✅ **Risk-Reward Ratio:** ~ **1:5**, making it a high-probability trade.
✅ **Trade Management:**
- If price retests **150.500** after breakout, it could be a strong entry confirmation.
- Secure profits gradually (e.g., **TP1: 152.000**, **TP2: 153.000**, **TP3: 153.800**).
- Use **trailing stop-loss** to lock in gains as price moves higher.
🚨 **Market Caution:**
📅 **Fundamental Watch:** Monitor key news such as:
- **BoJ Policy Decisions** (Any intervention risk if JPY weakens too much)
- **US Economic Data** (CPI, NFP, Fed Statements)
- **Global Risk Sentiment** (If risk-off, JPY may strengthen unexpectedly)
🔥 **Final Tip:** Confirm entry with bullish candle patterns & volume spike on breakout for added confidence.
Happy Trading! 🚀📈💰
https://www.tradingview.com/x/WoqlnfcB/
🔹 **Pattern:** 📈 **Inverted Head & Shoulders** (Bullish Reversal Signal)
🔹 **Entry Point:** ✅ **150.500** (Neckline breakout confirmation recommended)
🔹 **Target:** 🎯 **153.800** (Measured move projection from pattern breakout)
🔹 **Stop Loss:** 🔍 Ideally **below 149.800** (Neckline retest zone or recent swing low)
### 📊 **Analysis & Risk Management:**
✅ **Confluence Factors:**
- **Bullish Chart Pattern:** Inverted H&S suggests trend reversal.
- **DXY Strength:** If USD remains strong, it supports this setup.
- **Yield Differentials:** Watch US-Japan bond yields, as rising US yields boost USD/JPY.
✅ **Risk-Reward Ratio:** ~ **1:5**, making it a high-probability trade.
✅ **Trade Management:**
- If price retests **150.500** after breakout, it could be a strong entry confirmation.
- Secure profits gradually (e.g., **TP1: 152.000**, **TP2: 153.000**, **TP3: 153.800**).
- Use **trailing stop-loss** to lock in gains as price moves higher.
🚨 **Market Caution:**
📅 **Fundamental Watch:** Monitor key news such as:
- **BoJ Policy Decisions** (Any intervention risk if JPY weakens too much)
- **US Economic Data** (CPI, NFP, Fed Statements)
- **Global Risk Sentiment** (If risk-off, JPY may strengthen unexpectedly)
🔥 **Final Tip:** Confirm entry with bullish candle patterns & volume spike on breakout for added confidence.
Happy Trading! 🚀📈💰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.