📊 Pair: USD/JPY
⏳ Timeframe: 1H
📉 Current Price: 151.8
📍 Buy Zone: 151.0 - 151.8
🎯 Take Profit: 155.4 - 155.8
❌ Stop Loss: 149.8
📌 Trade Analysis:
🔹 Price has reached a strong support zone (151.0 - 151.8).
🔹 A bullish bounce is expected from this level.
🔹 Stop loss set at 149.8 to allow room for market volatility.
🔹 Take profit at 155.8, offering a good risk-reward ratio.
🔹 Wait for confirmation before entering the trade.
📢 Trade Plan:
✅ BUY within the 151.0 - 151.8 range.
✅ Stop loss at 149.8 to manage risk.
✅ Take profit at 155.8 for a potential bullish move.
⚠️ Risk Warning: Always use proper risk management and follow your trading plan.
#USDJPY #Forex #Trading #PriceAction #BuySetup #TechnicalAnalysis
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Unlock Market Insights! 🚀
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t.me/OliviaGrace_0
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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.