USD/JPY Trade Idea — Short from 149.8

USD/JPYShortPosition6h ago4 views

Trade Setup

Entry Price

149.8000

Stop Loss

150.3000

Take Profit

148.9000

Risk : Reward

1 : 1.80

RiskReward

Technical Analysis

USD/JPY has formed a strong double top on the daily chart. Entry near 149.8 with stop below 150.3.

Fundamental Context

Recent economic data supports a short 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.

Comments

Loading comments...