USD/JPY H1 Bullish Triangle Breakout - Upside Momentum AheadUSD/JPY has broken out of a bullish triangle pattern on the H1 timeframe, signaling potential upside continuation. Price action confirms a strong breakout above resistance, with momentum favoring further gains.
🔹 Key Levels:
✅ Resistance Turned Support: 148
✅ Next Resistance Target: 150
🔹 Trade Setup:
📈 Buy Entry: Above 148.1
🎯 Target 1: 148.6
🎯 Target 2: 150
🛑 Stop Loss: 147.8
📊 Technical Confirmation:
✔️ Breakout from bullish triangle pattern 📈
✔️ Increasing bullish momentum 🔥
✔️ Retest potential for a better entry 🎯
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#USDJPY #ForexTrading #PriceAction #TechnicalAnalysis #ForexSignals #TradingSetup #BreakoutTrading #ForexStrategy #TradingView
This breakout could offer a strong risk-reward opportunity if momentum holds. Let me know your thoughts! 🚀📈