Trading USD/JPY: Short Entry Near 149.4
USD/JPYShortPosition5h ago1 views
Trade Setup
Entry Price
149.4000
Stop Loss
149.8000
Take Profit
148.6000
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
USD/JPY has formed a strong bearish engulfing on the daily chart. Entry near 149.4 with stop below 149.8.
Fundamental Context
The macro environment favors short positions on USD/JPY. Keep an eye on upcoming data releases.
Trade Setup
Risking 1-2% of account on this setup. Clear invalidation below 149.8.
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