Buy Opportunity
USD/JPY Bullish Signal – Potential Long Opportunity
Instrument: USD/JPY
Timeframe: 4H
📈 Entry: 151.95
🎯 Target: 156.55 (+3.03%)
🛑 Stop Loss: 151.05 (-0.59%)
Risk-Reward Ratio: ~5.13 (High R/R)
Analysis:
Trend and Price Movement:
USD/JPY is testing a strong support zone near 151.95.
Momentum is shifting, with potential for reversal upward based on the curve displayed in the price action.
Volume Profile:
Dense trading activity is observed around 152.23 and 153.49, indicating possible resistance levels.
Current price at a low liquidity zone signals potential for upward breakout.
Indicators:
The momentum histogram (Squeeze Momentum) shows declining bearish pressure, hinting at a reversal opportunity.
Target and Stop Placement:
The stop-loss at 151.05 accounts for a significant support level breach.
The target at 156.55 aligns with a strong resistance zone and previous highs.
Instrument: USD/JPY
Timeframe: 4H
📈 Entry: 151.95
🎯 Target: 156.55 (+3.03%)
🛑 Stop Loss: 151.05 (-0.59%)
Risk-Reward Ratio: ~5.13 (High R/R)
Analysis:
Trend and Price Movement:
USD/JPY is testing a strong support zone near 151.95.
Momentum is shifting, with potential for reversal upward based on the curve displayed in the price action.
Volume Profile:
Dense trading activity is observed around 152.23 and 153.49, indicating possible resistance levels.
Current price at a low liquidity zone signals potential for upward breakout.
Indicators:
The momentum histogram (Squeeze Momentum) shows declining bearish pressure, hinting at a reversal opportunity.
Target and Stop Placement:
The stop-loss at 151.05 accounts for a significant support level breach.
The target at 156.55 aligns with a strong resistance zone and previous highs.
GODO Capital Markets
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.
GODO Capital Markets
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.