USDJPY is currently sitting around 144.658. From this level, I’m anticipating a short-term retracement down toward the 143.800 zone, which may act as a demand area or liquidity grab before a bounce.
From 143.800, price is expected to climb back to 144.646, potentially breaking slightly above into 144.652, where intraday liquidity or stop hunts might occur. If bullish momentum remains strong, a slight retracement into the 145.132 region could follow — possibly retesting a breakout zone or OB — before a final bullish continuation*targeting 147.353.
> 🔽 Short-term pullback zone: 143.800
> 🔼 Initial bullish target: 144.646 – 144.652
> 🔁 Expected mid-level retracement: 145.132
> 🎯 Final bullish target: 147.353
> 📍 Current price: 144.658
I’ll be monitoring each key level closely for reactions such as W formations, bullish engulfing candles, or break of internal structure to confirm momentum shifts.
📌 Risk Management Note:
This is not financial advice. Always use strict risk management:
✔️ Risk no more than 1–2% per trade
✔️ Use proper **risk-to-reward setups (min 1:2 RR)
✔️ Wait for **clear confirmations before entering
✔️ Protect capital — consistency beats intensity
From 143.800, price is expected to climb back to 144.646, potentially breaking slightly above into 144.652, where intraday liquidity or stop hunts might occur. If bullish momentum remains strong, a slight retracement into the 145.132 region could follow — possibly retesting a breakout zone or OB — before a final bullish continuation*targeting 147.353.
> 🔽 Short-term pullback zone: 143.800
> 🔼 Initial bullish target: 144.646 – 144.652
> 🔁 Expected mid-level retracement: 145.132
> 🎯 Final bullish target: 147.353
> 📍 Current price: 144.658
I’ll be monitoring each key level closely for reactions such as W formations, bullish engulfing candles, or break of internal structure to confirm momentum shifts.
📌 Risk Management Note:
This is not financial advice. Always use strict risk management:
✔️ Risk no more than 1–2% per trade
✔️ Use proper **risk-to-reward setups (min 1:2 RR)
✔️ Wait for **clear confirmations before entering
✔️ Protect capital — consistency beats intensity
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.