U.S. Dollar / Japanese Yen
Long
Updated

USDJPY... 4H CHAT PATTERN

236
Let's break down your **USDJPY** trade idea and analyze the setup:

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### **📈 Long Trade Setup (Buy Now)**

* **Entry:** 145.80 *(Assuming this is meant to be 145.80, not 1458, since USDJPY trades in the 100s range)*
* **Stop Loss (SL):** 145.10
* **Targets (TP):**

* **1st Target:** 147.10
* **2nd Target:** 148.50

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### **📊 Risk-Reward Analysis**

| Target | Potential Gain (pips) | Risk (pips) | Reward\:Risk Ratio |
| ------------ | --------------------- | ----------- | ------------------ |
| 1st (147.10) | +130 pips | 70 pips | \~1.86:1 |
| 2nd (148.50) | +270 pips | 70 pips | \~3.86:1 |

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### **💡 Notes**

* This setup has a **strong risk-reward profile**, especially with the 2nd target.
* Reaching the 1st target provides nearly **2:1** reward-to-risk, which is often a good benchmark.
* Consider **moving your stop to breakeven** after hitting the 1st target to protect gains.
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