Short USD/JPY: Key Levels and Entry
USD/JPYShortPosition4d ago10 views
Trade Setup
Entry Price
149.9000
Stop Loss
150.6000
Take Profit
148.5000
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
USD/JPY has formed a strong double bottom on the daily chart. Entry near 149.9 with stop below 150.6.
Fundamental Context
The macro environment favors short 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.
Comments