This chart shows the USD/JPY (U.S. Dollar vs. Japanese Yen) on the 1-hour timeframe. It highlights a clear downtrend, with each lower high and lower low marked by sharp bearish moves (blue trend lines).
Currently, the price is around 143.129 and the chart suggests:
A short (sell) setup is being considered.
The Stop Loss (SL) is set at 144.494 — protecting against a reversal above resistance.
The Target is set at 141.507 — aiming for a continued move lower, respecting the bearish trend.
The shaded red and green zones represent the risk and reward areas for this trade idea, showing a favorable risk-reward ratio if the price continues downward.
It looks like the setup leans on trend continuation after a sideways consolidation — do you want help evaluating if it’s a strong entry or adjusting the SL/TP for better balance?
Currently, the price is around 143.129 and the chart suggests:
A short (sell) setup is being considered.
The Stop Loss (SL) is set at 144.494 — protecting against a reversal above resistance.
The Target is set at 141.507 — aiming for a continued move lower, respecting the bearish trend.
The shaded red and green zones represent the risk and reward areas for this trade idea, showing a favorable risk-reward ratio if the price continues downward.
It looks like the setup leans on trend continuation after a sideways consolidation — do you want help evaluating if it’s a strong entry or adjusting the SL/TP for better balance?
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💫Best Trading Team
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/Gold_Derive_Killer01
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.
XAUUSD GOLD + BTCUSD Daily 6-7 Free Signals📊🚀
💫Best Trading Team
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/Gold_Derive_Killer01
💫Best Trading Team
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/Gold_Derive_Killer01
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.