Chart Pattern:
Inverse Head & Shoulders formation spotted — a bullish reversal pattern indicating the market may shift from downtrend to uptrend.
Left shoulder, head, and right shoulder are clearly visible
Neckline breakout near 144.300 signals a potential bullish move ⬆️
Trade Setup & Key Levels 🎯
Entry Point: 144.300 ✅
Resistance Turned Support: 142.800 🛡️ (was resistance, now acting as support)
Targets:
TP1: 146.000 🎯
TP2: 148.000 🎯🎯
Price Action Insights 🔍
After breaking above 144.300, price is showing signs of strength with bullish volume.
The area around 144.300–145.000 is now a key support zone for buyers.
If the price holds above 144.300, there's a strong probability of reaching 146.000, then 148.000.
Inverse Head & Shoulders formation spotted — a bullish reversal pattern indicating the market may shift from downtrend to uptrend.
Left shoulder, head, and right shoulder are clearly visible
Neckline breakout near 144.300 signals a potential bullish move ⬆️
Trade Setup & Key Levels 🎯
Entry Point: 144.300 ✅
Resistance Turned Support: 142.800 🛡️ (was resistance, now acting as support)
Targets:
TP1: 146.000 🎯
TP2: 148.000 🎯🎯
Price Action Insights 🔍
After breaking above 144.300, price is showing signs of strength with bullish volume.
The area around 144.300–145.000 is now a key support zone for buyers.
If the price holds above 144.300, there's a strong probability of reaching 146.000, then 148.000.
Trade closed: target reached
USDJPY Target Hit!+400 Pips locked in 💥🎯💸
Massive move completed successfully — patience paid off big time!
Well done to everyone who followed!
#USDJPY #400Pips #ForexWins #TargetHit #SmartTrading #PriceAction
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.