I'm considering buying jpy at "145.200" with a target points of 147.100 and 148.500 USD/JPY currency pair with a bullish trend indicated. The chart is USD/JPY BULLISH""TARGET 1" and "TARGET 2". The current price is around 145.204, and the stop-loss point is set at approximately 143.500.
To determine the buy target, we can look at the chart and the annotations. The chart shows a potential upward movement, with the price expected to rise from its current level. The two target levels are marked at higher prices, indicating potential profit-taking points.
Buy targets are:
TARGET 1: around 147.100
TARGET 2: around 148.500
These targets suggest that the price is expected to rise to these levels if the bullish trend continues. However, it's essential to note that the stop-loss point is set at 143.500, which means that if the price falls below this level, the trade may be closed to limit losses.
In summary, the buy targets for USD/JPY based on the chart are 147.300 and 148.500.
To determine the buy target, we can look at the chart and the annotations. The chart shows a potential upward movement, with the price expected to rise from its current level. The two target levels are marked at higher prices, indicating potential profit-taking points.
Buy targets are:
TARGET 1: around 147.100
TARGET 2: around 148.500
These targets suggest that the price is expected to rise to these levels if the bullish trend continues. However, it's essential to note that the stop-loss point is set at 143.500, which means that if the price falls below this level, the trade may be closed to limit losses.
In summary, the buy targets for USD/JPY based on the chart are 147.300 and 148.500.
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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.
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.