๐ข USDJPY Trade Signal - Short Setup ๐
๐ SELL USDJPY @ 154.333
๐ฏ Target: 150.957 (-2.19%)
๐ Stop Loss: 155.186 (-0.55%)
โ๏ธ Risk/Reward Ratio: 3.98
โณ Estimated Duration: 13 Days
๐น Analysis:
Key Resistance: 154.791 & 155.186
Key Support Levels: 153.265 โ 152.430 โ 150.984
Volume Profile: High liquidity zone around 152.500
200 MA Resistance Rejection
๐ Trade Rationale:
USDJPY showing exhaustion near resistance with a potential drop towards 152.43 & 150.96
Risk/Reward is highly favorable (3.98)
Sellers likely to dominate if price stays below 154.33
๐จ Caution: If price breaks 155.186, reconsider the short bias.
๐ SELL USDJPY @ 154.333
๐ฏ Target: 150.957 (-2.19%)
๐ Stop Loss: 155.186 (-0.55%)
โ๏ธ Risk/Reward Ratio: 3.98
โณ Estimated Duration: 13 Days
๐น Analysis:
Key Resistance: 154.791 & 155.186
Key Support Levels: 153.265 โ 152.430 โ 150.984
Volume Profile: High liquidity zone around 152.500
200 MA Resistance Rejection
๐ Trade Rationale:
USDJPY showing exhaustion near resistance with a potential drop towards 152.43 & 150.96
Risk/Reward is highly favorable (3.98)
Sellers likely to dominate if price stays below 154.33
๐จ Caution: If price breaks 155.186, reconsider the short bias.
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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.