Long USD/JPY: Key Levels and Entry

USD/JPYLongPosition2h ago2 views

Trade Setup

Entry Price

149.6000

Stop Loss

149.3000

Take Profit

150.2000

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Looking at the daily chart, USD/JPY is showing a clear inverse head and shoulders pattern near the 149.6 level.

Fundamental Context

The macro environment favors long positions on USD/JPY. Keep an eye on upcoming data releases.

Trade Setup

Position sized for 2:1 R:R. Will trail stop once in profit.

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