Trade Setup: USDJPY – Short Position Opportunity
A technical sell signal has emerged on the USDJPY pair, offering a short-term bearish trading opportunity based on current price action, resistance levels, and weakening bullish momentum.
USDJPY is trading near a key resistance zone around 148.200, where price has previously faced rejection, suggesting sellers are gaining control.
The entry at 148.193 allows for a high-probability short position just below the resistance, with minimal risk and solid potential reward.
The first target at 148.050 is a minor support level and a logical initial exit for short-term traders looking to secure fast gains.
The second target at 147.940 aligns with a recent price consolidation low and offers a more meaningful profit zone.
The final target at 147.880 touches a key demand zone and reflects the expected extent of the move if bearish pressure sustains.
The stop loss at 148.280 is wisely placed above the local resistance and recent swing high to minimize risk while allowing the trade some breathing room.
Write to Teefa Alizafar
A technical sell signal has emerged on the USDJPY pair, offering a short-term bearish trading opportunity based on current price action, resistance levels, and weakening bullish momentum.
USDJPY is trading near a key resistance zone around 148.200, where price has previously faced rejection, suggesting sellers are gaining control.
The entry at 148.193 allows for a high-probability short position just below the resistance, with minimal risk and solid potential reward.
The first target at 148.050 is a minor support level and a logical initial exit for short-term traders looking to secure fast gains.
The second target at 147.940 aligns with a recent price consolidation low and offers a more meaningful profit zone.
The final target at 147.880 touches a key demand zone and reflects the expected extent of the move if bearish pressure sustains.
The stop loss at 148.280 is wisely placed above the local resistance and recent swing high to minimize risk while allowing the trade some breathing room.
Write to Teefa Alizafar
✅FREE FREE FREE XAUUSD/BTCUSD SIGNALS ALWAYS FREEEEE
t.me/TESLA_FOREX_TRADING
✅JOIN MY TELEGRAM FAST:❤️
☑️ JOIN NOW t.me/TESLA_FOREX_TRADING
✅BEST BROKER LINK: (EXNESS)
one.exnesstrack.net/a/zzz57mij30
t.me/TESLA_FOREX_TRADING
✅JOIN MY TELEGRAM FAST:❤️
☑️ JOIN NOW t.me/TESLA_FOREX_TRADING
✅BEST BROKER LINK: (EXNESS)
one.exnesstrack.net/a/zzz57mij30
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.
✅FREE FREE FREE XAUUSD/BTCUSD SIGNALS ALWAYS FREEEEE
t.me/TESLA_FOREX_TRADING
✅JOIN MY TELEGRAM FAST:❤️
☑️ JOIN NOW t.me/TESLA_FOREX_TRADING
✅BEST BROKER LINK: (EXNESS)
one.exnesstrack.net/a/zzz57mij30
t.me/TESLA_FOREX_TRADING
✅JOIN MY TELEGRAM FAST:❤️
☑️ JOIN NOW t.me/TESLA_FOREX_TRADING
✅BEST BROKER LINK: (EXNESS)
one.exnesstrack.net/a/zzz57mij30
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.