Weekly USD/JPY Outlook: Short Opportunity
USD/JPYShortSwing4h ago4 views
Trade Setup
Entry Price
150.0000
Stop Loss
150.9000
Take Profit
148.2000
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
Looking at the 4-hour chart, USD/JPY is showing a clear pennant pattern near the 150 level.
Fundamental Context
The macro environment favors short positions on USD/JPY. Keep an eye on upcoming data releases.
Trade Setup
Entry at 150 with stop at 150.9 gives a clean 2:1 ratio. Target: 148.2.
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