📊 USDJPY (1H) Analysis:
• Price is in a strong uptrend, forming higher highs and higher lows.
• Currently testing the 148.940 – 149.345 resistance zone.
• Expecting a bullish continuation if price breaks and retests this level.
🔹 Trade Setup
✅ Bullish Scenario
• Entry (Aggressive): Buy around 148.50
• Entry (Conservative): Buy after breakout & retest above 149.345
• Stop Loss (SL): Below 148.15
• Take Profit (TP): 149.50 / 149.80 / 150.00
⚠️ Bearish Alternative (if rejection occurs)
• Entry: Sell below 149.30 rejection
• SL: Above 149.50
• TP: 148.50 / 148.00 / 147.50
🔹 Bias: Bullish, but watch resistance reaction 🚀
• Price is in a strong uptrend, forming higher highs and higher lows.
• Currently testing the 148.940 – 149.345 resistance zone.
• Expecting a bullish continuation if price breaks and retests this level.
🔹 Trade Setup
✅ Bullish Scenario
• Entry (Aggressive): Buy around 148.50
• Entry (Conservative): Buy after breakout & retest above 149.345
• Stop Loss (SL): Below 148.15
• Take Profit (TP): 149.50 / 149.80 / 150.00
⚠️ Bearish Alternative (if rejection occurs)
• Entry: Sell below 149.30 rejection
• SL: Above 149.50
• TP: 148.50 / 148.00 / 147.50
🔹 Bias: Bullish, but watch resistance reaction 🚀
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join Sarah Trades -
Free Telegram Signals : t.me/SarahAnalyticsSignals
For Gold signals: t.me/SarahAnalyticsSignals
Free Telegram Signals : t.me/SarahAnalyticsSignals
For Gold signals: t.me/SarahAnalyticsSignals
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.