Trading USD/JPY: Short Entry Near 149.5
USD/JPYShortSwing4h ago1 views
Trade Setup
Entry Price
149.5000
Stop Loss
149.6000
Take Profit
149.4000
Risk : Reward
1 : 1.00
RiskReward
Technical Analysis
Looking at the 4-hour chart, USD/JPY is showing a clear double bottom pattern near the 149.5 level.
Fundamental Context
Economic indicators suggest USD/JPY is positioned for a short move in the coming swing.
Trade Setup
Position sized for 2:1 R:R. Will trail stop once in profit.
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