Short USD/JPY: Key Levels and Entry
USD/JPYShortPosition4h ago3 views
Trade Setup
Entry Price
149.3000
Stop Loss
150.2000
Take Profit
147.6000
Risk : Reward
1 : 1.89
RiskReward
Technical Analysis
Looking at the daily chart, USD/JPY is showing a clear double top pattern near the 149.3 level.
Fundamental Context
Economic indicators suggest USD/JPY is positioned for a short move in the coming position.
Trade Setup
Entry at 149.3 with stop at 150.2 gives a clean 2:1 ratio. Target: 147.6.
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