Here’s a breakdown and analysis of your USDJPY SELL trade setup on the 15-minute timeframe:
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Trade Details:
Entry: 147.280 (Short)
Stop Loss (SL): 147.998 (≈71.8 pips risk)
Targets:
T1: 146.960 (≈32 pips)
T2: 146.600 (≈68 pips)
T3: 146.019 (≈126 pips)
---
Risk/Reward Ratios:
Target Reward (pips) R:R Ratio
T1 32 ~0.45:1
T2 68 ~0.95:1
T3 126 ~1.75:1
---
Quick Technical Evaluation (Assuming standard price behavior):
Entry near local high? If yes, solid idea to sell after rejection/candle confirmation.
SL Placement: 147.998 is quite wide—possibly above a recent high or resistance zone.
T1 is relatively close, offering a partial TP level but low reward/risk.
T2 provides near 1:1 R:R, which is more balanced.
T3 is aggressive and may require a strong bearish continuation or news catalyst.
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Suggestions:
1. Adjust SL? – If the 147.998 level isn’t key resistance, consider tightening it closer to the swing high (e.g., 147.400–147.500) to improve R:R.
2. Scaling Out – Consider closing part of the position at T1 or T2, then letting the rest run to T3.
3. Monitor Price Action – On the 15m chart, look for bearish continuation (e.g., lower highs, bearish engulfing, MACD crossover, etc.).
---
Trade Details:
Entry: 147.280 (Short)
Stop Loss (SL): 147.998 (≈71.8 pips risk)
Targets:
T1: 146.960 (≈32 pips)
T2: 146.600 (≈68 pips)
T3: 146.019 (≈126 pips)
---
Risk/Reward Ratios:
Target Reward (pips) R:R Ratio
T1 32 ~0.45:1
T2 68 ~0.95:1
T3 126 ~1.75:1
---
Quick Technical Evaluation (Assuming standard price behavior):
Entry near local high? If yes, solid idea to sell after rejection/candle confirmation.
SL Placement: 147.998 is quite wide—possibly above a recent high or resistance zone.
T1 is relatively close, offering a partial TP level but low reward/risk.
T2 provides near 1:1 R:R, which is more balanced.
T3 is aggressive and may require a strong bearish continuation or news catalyst.
---
Suggestions:
1. Adjust SL? – If the 147.998 level isn’t key resistance, consider tightening it closer to the swing high (e.g., 147.400–147.500) to improve R:R.
2. Scaling Out – Consider closing part of the position at T1 or T2, then letting the rest run to T3.
3. Monitor Price Action – On the 15m chart, look for bearish continuation (e.g., lower highs, bearish engulfing, MACD crossover, etc.).
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✅ XAUUSD SIGNALS
💯JOIN FREE TELEGRAM CHANNEL
t.me/+vT7LZx7w13BlNjI0
✔REGISTERED broker
partners.vantagemarkets.com/ib-cpa-register/?url=ib&affid=7264705
✔Referral code 72647
✅ XAUUSD SIGNALS
💯JOIN FREE TELEGRAM CHANNEL
t.me/+vT7LZx7w13BlNjI0
✔REGISTERED broker
partners.vantagemarkets.com/ib-cpa-register/?url=ib&affid=7264705
✔Referral code 72647
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.