USD/JPY 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE
This USD/JPY 1-hour chart presents a bullish trade setup, anticipating a move higher. Here's the breakdown:
Key Observations:
1. Support Zone: The price is bouncing from a yellow demand zone near 149.145 - 149.294, signaling buying pressure.
2. Bullish Projection: The black arrows suggest a potential rally toward the 151.511 resistance zone, marked in red.
3. Risk-Reward Setup:
Entry: Near 149.670
Take Profit (TP): Around 151.511
Stop Loss (SL): Below 149.145, ensuring risk control.
4. Market Structure:
A previous downtrend correction has found demand.
A bullish channel formation supports the upward move.
Trade Idea:
A long (buy) position aiming for 151.511 is valid as long as price remains above 149.145. A break below may invalidate the setup.
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Key Observations:
1. Support Zone: The price is bouncing from a yellow demand zone near 149.145 - 149.294, signaling buying pressure.
2. Bullish Projection: The black arrows suggest a potential rally toward the 151.511 resistance zone, marked in red.
3. Risk-Reward Setup:
Entry: Near 149.670
Take Profit (TP): Around 151.511
Stop Loss (SL): Below 149.145, ensuring risk control.
4. Market Structure:
A previous downtrend correction has found demand.
A bullish channel formation supports the upward move.
Trade Idea:
A long (buy) position aiming for 151.511 is valid as long as price remains above 149.145. A break below may invalidate the setup.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.