๐ Chart Overview (4H Timeframe):
Currency Pair: USD/JPY
Trend: ๐ Uptrend
EMA 70: ๐ด (144.776) โ Price is trading above it = Bullish Bias
---
๐ฆ Demand Zone
๐ Zone: 144.804 โ 146.324
๐ก What it means: Strong buying interest expected here
๐ข Support line + EMA = Confluence zone!
---
โ Entry Point:
๐ Between: 146.324 โ 146.423
๐ฏ Best area for long (buy) position
๐ Wait for a pullback to this area before entering
---
โ Stop Loss:
๐ Below demand zone
๐ป Range: 144.705 โ 144.776
๐ก๏ธ Helps protect against unexpected drop
---
๐ฏ Target Point:
๐ 151.500
๐ฉ Big reward area
๐ฅ Previous resistance zone = Ideal profit-taking point
---
๐งญ Summary:
โ Entry: 146.324
โ Stop: 144.776
๐ฏ Target: 151.500
Risk-to-Reward: Excellent!
Currency Pair: USD/JPY
Trend: ๐ Uptrend
EMA 70: ๐ด (144.776) โ Price is trading above it = Bullish Bias
---
๐ฆ Demand Zone
๐ Zone: 144.804 โ 146.324
๐ก What it means: Strong buying interest expected here
๐ข Support line + EMA = Confluence zone!
---
โ Entry Point:
๐ Between: 146.324 โ 146.423
๐ฏ Best area for long (buy) position
๐ Wait for a pullback to this area before entering
---
โ Stop Loss:
๐ Below demand zone
๐ป Range: 144.705 โ 144.776
๐ก๏ธ Helps protect against unexpected drop
---
๐ฏ Target Point:
๐ 151.500
๐ฉ Big reward area
๐ฅ Previous resistance zone = Ideal profit-taking point
---
๐งญ Summary:
โ Entry: 146.324
โ Stop: 144.776
๐ฏ Target: 151.500
Risk-to-Reward: Excellent!
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join my tellegram channel
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join my refferal broker
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t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
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.