USD/JPY at Critical Level — Long Setup Forming

USD/JPYLongSwing3h ago1 views

Trade Setup

Entry Price

149.2000

Stop Loss

148.7000

Take Profit

150.2000

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Looking at the 4-hour chart, USD/JPY is showing a clear pennant pattern near the 149.2 level.

Fundamental Context

Fundamental catalysts align with the technical picture here. USD/JPY has room to move.

Trade Setup

Entry at 149.2 with stop at 148.7 gives a clean 2:1 ratio. Target: 150.2.

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