This is a USD/JPY (U.S. Dollar / Japanese Yen) 30-minute trading chart that outlines a potential short (sell) trade setup.
Key Chart Elements: Entry Zone (white Highlighted Area): This is the suggested area where traders might consider entering a short position. It ranges approximately from 149.115 to 149.382.
SL (Stop Loss): Placed above the entry zone, around 149.693, to limit losses if the price moves against the trade.
TP (Take Profit) Targets:
Target 1: Around 148.202 Target 2: Around 147.457 Target 3: Around 146.746
Bearish Bias Indicated: The projected path shows the price making a lower high before dropping toward the targets — a classic lower-high and lower-low pattern (bearish structure).
📈 Strategy Summary: Type: Short/Sell setup Entry Zone: Wait for the price to pull back into the highlighted zone before entering Risk Management: Stop loss clearly marked above the zone Reward: Three possible take-profit targets to scale out or aim based on risk appetite.
ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES. ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
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.
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.