U.S. Dollar / Japanese Yen

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U.S. Dollar / Japanese Yen forum



USDJPY ( USDJPY) SELL zone

( trade satup )
entry point (144.030) to (143.900) 📊

first tp (143.650)📊

2nd target (143.370) 📊

last target (143.00) 📊

stop loss (144.220)❌

USDJPY tradingview.com/x/BnDNdW3C
If we can see the 4h zone price is currently reacting on,it break the zone with wick so I would say the zone is still valid,I expect it to react from those supply zone.
[ps] we are in uptrend so am looking for only Buys...♻️
Snapshot



USDJPY formed a triple bottom pattern which indicates a bullish uptrend. confirmation of the bullish trend are breaking out of the fibonacci channels with strong momentum and high volume.

Levels to watch: 145.39 JPY & 148.53 JPY.
Snapshot


USDJPY This is why it's important to stay adaptable with momentum shifts. We saw a massive bullish run reach the 61.8% Fibonacci level, form a head and shoulders pattern on the macro timeframe, and then reverse sharply — what a crazy week!