U.S. Dollar / Japanese Yen
Long
Updated

USD/JPY...4H chart pattren..

273
USD/JPY – Buy Setup (Daily & 30M Confluence)

Current Price: 143.000

Action: BUY NOW

Reason: Strong bullish momentum building off support zones



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Chart Pattern Analysis (30-Minute Chart)

Structure: Likely forming a bullish flag or breakout from consolidation

Trendline Breakout: If broken upward, confirms momentum continuation

Support Zone: 142.80 – 143.00 (historical buying interest)

Confirmation: Bullish candle close above intraday resistance (e.g., 143.20+)



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Target Levels:

Target 1: 147.500 – Previous swing high / resistance

Target 2: 150.000 – Major psychological level and historical resistance



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Stop Loss:

Below 142.50 (tight risk control below structure)



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Technical Indicators to Watch:

RSI (30M & 1D): If rising but under 70 = healthy momentum

MACD: Bullish crossover supports upward momentum

EMAs: Price above 50 EMA and 200 EMA = trend continuation



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Trade Management:

Consider taking partial profits at 147.500

Trail stop for potential extended move to 150.000

Reassess near 147.000 – expect pullback before continuation



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