Trading USD/JPY: Long Entry Near 149.7
USD/JPYLongSwing4h ago1 views
Trade Setup
Entry Price
149.7000
Stop Loss
148.6000
Take Profit
151.8000
Risk : Reward
1 : 1.91
RiskReward
Technical Analysis
Looking at the 4-hour chart, USD/JPY is showing a clear inverse head and shoulders pattern near the 149.7 level.
Fundamental Context
Economic indicators suggest USD/JPY is positioned for a long move in the coming swing.
Trade Setup
Risk:reward is 2:1. Stop loss at 148.6, take profit at 151.8.
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