Short USD/JPY: Key Levels and Entry
USD/JPYShortPosition4h ago3 views
Trade Setup
Entry Price
149.9000
Stop Loss
150.7000
Take Profit
148.7000
Risk : Reward
1 : 1.50
RiskReward
Technical Analysis
Looking at the daily chart, USD/JPY is showing a clear double bottom pattern near the 149.9 level.
Fundamental Context
Economic indicators suggest USD/JPY is positioned for a short move in the coming position.
Trade Setup
Entry at 149.9 with stop at 150.7 gives a clean 1.5:1 ratio. Target: 148.7.
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