USD/JPY – Bullish Setup in Line with the Prevailing Trend
As the overall trend remains bullish, we are considering a potential long setup on USD/JPY. The structure suggests continued upside momentum, and we aim to close the trade by the end of the European session.
📍 Entry: 149.400
🎯 Target: 150.600
🛑 Stop-loss: 148.600
This idea aligns with current market direction and intraday trend strength. Traders should watch for supportive price action to confirm the move.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk appropriately.
As the overall trend remains bullish, we are considering a potential long setup on USD/JPY. The structure suggests continued upside momentum, and we aim to close the trade by the end of the European session.
📍 Entry: 149.400
🎯 Target: 150.600
🛑 Stop-loss: 148.600
This idea aligns with current market direction and intraday trend strength. Traders should watch for supportive price action to confirm the move.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk appropriately.
Trade closed: target reached
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.