Trading USD/JPY: Long Entry Near 149.6
USD/JPYLongSwing3d ago4 views
Trade Setup
Entry Price
149.6000
Stop Loss
149.4000
Take Profit
150.1000
Risk : Reward
1 : 2.50
RiskReward
Technical Analysis
Looking at the 4-hour chart, USD/JPY is showing a clear bearish engulfing pattern near the 149.6 level.
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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