USDJPY – Potential Sell Opportunity
Timeframe: 1H
USDJPY has been respecting an ascending channel, but we are now seeing signs of time reversal from the resistance area at 144.000. Price has reacted to this level, indicating a potential retracement.
Sell Entry: 144.000 (resistance zone)
Technical Targets:
1st TP: 143.400
2nd TP: 143.000
3rd TP: 142.600
4th TP: 142.000
5th TP: 141.600
Watch for confirmation signals on lower timeframes. Manage risk accordingly.
Timeframe: 1H
USDJPY has been respecting an ascending channel, but we are now seeing signs of time reversal from the resistance area at 144.000. Price has reacted to this level, indicating a potential retracement.
Sell Entry: 144.000 (resistance zone)
Technical Targets:
1st TP: 143.400
2nd TP: 143.000
3rd TP: 142.600
4th TP: 142.000
5th TP: 141.600
Watch for confirmation signals on lower timeframes. Manage risk accordingly.
Trade active
Trade active entry level touch touching on the #144.000till watch the targets
Note
Stay hold the trades market has going good
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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.
Related publications
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.