USD/JPY 4H chart, here's a suggested entry point and stop loss using the visible price action, fair value gaps (FVGs), Fibonacci retracement zones, and the overall trend structure:
📈 Entry Point (Buy):
Zone: Around 145.25 – 145.58
This is supported by:
Fibonacci levels (0.618 – 0.705)
Multiple Fair Value Gaps (FVGs)
Price may pull back here for a continuation of the bullish trend.
🛑 Stop Loss:
Below 143.60
This is just under the 0.786 Fibonacci and below the ascending channel, providing a safe buffer in case of a deeper retracement.
✅ Optional Targets (TPs):
If you're also planning to set TPs:
TP1: 146.65 (recent high / minor resistance)
TP2: 147.50
TP3: 148.80 – 149.00 (channel top)
📈 Entry Point (Buy):
Zone: Around 145.25 – 145.58
This is supported by:
Fibonacci levels (0.618 – 0.705)
Multiple Fair Value Gaps (FVGs)
Price may pull back here for a continuation of the bullish trend.
🛑 Stop Loss:
Below 143.60
This is just under the 0.786 Fibonacci and below the ascending channel, providing a safe buffer in case of a deeper retracement.
✅ Optional Targets (TPs):
If you're also planning to set TPs:
TP1: 146.65 (recent high / minor resistance)
TP2: 147.50
TP3: 148.80 – 149.00 (channel top)
Trade active
Active 1st target doneNote
Near to second targetTrade closed: target reached
All targets successful.
JOIN MY TELEGRAM:
FREE SIGNALS TECHNICAL CHART AND EDUCATOIN
t.me/+j_sv6p9sL5I0MDY0
FREE SIGNALS TECHNICAL CHART AND EDUCATOIN
t.me/+j_sv6p9sL5I0MDY0
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.
JOIN MY TELEGRAM:
FREE SIGNALS TECHNICAL CHART AND EDUCATOIN
t.me/+j_sv6p9sL5I0MDY0
FREE SIGNALS TECHNICAL CHART AND EDUCATOIN
t.me/+j_sv6p9sL5I0MDY0
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.