USD/JPY Bullish Reversal Setup – Long Entry at 141.964 Targeting

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[6:45 am, 16/04/2025] ahemdsaeed25: USD/JPY Long Setup – Eyeing 150.537 Target"

"Potential Bullish Reversal on USD/JPY"

"Swing Trade Alert: USD/JPY Long from 141.964"

"USD/JPY Breakout Play – Buy Zone Identified"


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[6:46 am, 16/04/2025] ahemdsaeed25: This chart is for the USD/JPY (U.S. Dollar / Japanese Yen) pair on the 1-hour timeframe, and it's displaying a bullish setup with a clear trade idea. Here's a breakdown of the analysis:

Key Components:

Current Price: Around 142.574.

Entry Point: 141.964

Stop Loss: 140.547

Take Profit / Target Point: 150.537

Reward-to-Risk Ratio: Favorable (approximately 5.94% upside, large potential move).


Indicators:

EMA 50 (Red Line): 142.798 — acting as near-term dynamic resistance.

EMA 200 (Blue Line): 144.699 — major resistance and a trend filter (downward trend visible).


Zone Analysis:

Support Zone (Purple Box near 141.964 - 140.547): This is the accumulation/buy zone.

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