USDJPY Skyrockets Beyond All Targets – Massive Breakout CompleteTechnical Analysis:
USDJPY on the 15-minute time frame executed a long trade with an entry at 149.604. Backed by strong bullish momentum, it swiftly met all target points.
The pair rallied significantly with the Risological Dotted Trendline providing upward support throughout the trade, indicating that the trend was well-supported and poised for further gains.
Key Levels:
Entry: 149.604
Stop Loss (SL): 149.342
Target 1 (TP1): 149.926 ✅
Target 2 (TP2): 150.449 ✅
Target 3 (TP3): 150.971 ✅
Target 4 (TP4): 151.294 ✅
Observations:
The strong uptrend was consistent, with price respecting the 200 EMA (Risological Dotted Trendline) as dynamic support.Volume surged as the price hit TP3, accelerating the move towards TP4.
All targets were cleanly hit, confirming the strength of this breakout.
USDJPY's breakout showcases the power of technical alignment. The bullish trend held firmly above the Risological dotted trend line, driving the price to hit all targets in this well-timed trade. The pair remains bullish, and future setups should be monitored for additional opportunities.
