I'm provided for USD/JPY on the 2-hour timeframe, here is a detailed breakdown and target analysis:
---
🔍 Technical Analysis Summary
Pair: USD/JPY
Timeframe: 2H
Current Price: ~144.98
Trend: Bearish
Breakdown Confirmation: Price broke structure support and the ascending trendline.
Indicators: Price is below the Ichimoku cloud, confirming bearish momentum.
---
🎯 Identified Targets (Based on Your Chart)
1st Target Level (Nearest Support Zone):
Price Level: Around 143.50
This is the first horizontal red line marked as a "Target" on your chart.
Likely to act as a short-term support level.
2nd Target Level (Major Support):
Price Level: Around 142.00
This is the second and lower red line marked on your chart.
Strong historical support zone based on previous consolidation.
---
✅ Final Target Levels
Target # Price Level Description
Target 1 143.50 Initial support; take partial profit here
Target 2 142.00 Major target; potential reversal/support zone
---
Would you like a suggested stop-loss level or entry refinement based on candlestick confirmation or indicators (like RSI or volume)?
---
🔍 Technical Analysis Summary
Pair: USD/JPY
Timeframe: 2H
Current Price: ~144.98
Trend: Bearish
Breakdown Confirmation: Price broke structure support and the ascending trendline.
Indicators: Price is below the Ichimoku cloud, confirming bearish momentum.
---
🎯 Identified Targets (Based on Your Chart)
1st Target Level (Nearest Support Zone):
Price Level: Around 143.50
This is the first horizontal red line marked as a "Target" on your chart.
Likely to act as a short-term support level.
2nd Target Level (Major Support):
Price Level: Around 142.00
This is the second and lower red line marked on your chart.
Strong historical support zone based on previous consolidation.
---
✅ Final Target Levels
Target # Price Level Description
Target 1 143.50 Initial support; take partial profit here
Target 2 142.00 Major target; potential reversal/support zone
---
Would you like a suggested stop-loss level or entry refinement based on candlestick confirmation or indicators (like RSI or volume)?
Trade active
trade activet.me/+yJ2-qfkocRg1NDlk
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Related publications
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.
t.me/+yJ2-qfkocRg1NDlk
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Related publications
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.