Trading USD/JPY: Long Entry Near 149.5
USD/JPYLongSwing21h ago1 views
Trade Setup
Entry Price
149.5000
Stop Loss
149.3000
Take Profit
149.8000
Risk : Reward
1 : 1.50
RiskReward
Technical Analysis
USD/JPY has formed a strong bullish engulfing on the 4-hour chart. Entry near 149.5 with stop below 149.3.
Fundamental Context
Recent economic data supports a long move on USD/JPY. Central bank policy remains the key driver.
Trade Setup
Position sized for 2:1 R:R. Will trail stop once in profit.
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