The chart you shared shows the USD/JPY (U.S. Dollar to Japanese Yen) pair on the 1-hour timeframe from TradingView. Here are the key points:
1. Current Price: The pair is trading at approximately 143.657, showing a positive change of +1.243 (0.87%).
2. Support Zone: There is a highlighted gray box at the lower part, indicating a recent support or demand zone around the 143.292 level.
3. Resistance Level: A blue horizontal line is marked at 144.225, labeled as the target. This suggests that the price might move upwards to this resistance level.
4. Price Action: The green arrow indicates a potential bullish move towards the target, implying a buy signal or a continuation of the upward trend.
5. Technical Analysis: It appears the pair has bounced from the support zone and is gaining momentum toward the resistance.
Would you like a more detailed analysis or interpretation of the trading setup?
1. Current Price: The pair is trading at approximately 143.657, showing a positive change of +1.243 (0.87%).
2. Support Zone: There is a highlighted gray box at the lower part, indicating a recent support or demand zone around the 143.292 level.
3. Resistance Level: A blue horizontal line is marked at 144.225, labeled as the target. This suggests that the price might move upwards to this resistance level.
4. Price Action: The green arrow indicates a potential bullish move towards the target, implying a buy signal or a continuation of the upward trend.
5. Technical Analysis: It appears the pair has bounced from the support zone and is gaining momentum toward the resistance.
Would you like a more detailed analysis or interpretation of the trading setup?
Trade closed: target reached
USDJPY Target Successfully Archived.
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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.
XAUUSD GOLD + BTCUSD Daily 5-6 Free Signals📊🚀
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/+QC9FeJZu3mthYTRk
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/+QC9FeJZu3mthYTRk
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.