Signal: Long Position (Buy USD/JPY)
Entry Point:
Between 149.80 - 150.20, near the current level for optimal entry.
Take Profit Levels:
Target 1: 152.238
Target 2: 153.496
Target 3: 154.703
Stop Loss:
Below 149.30 to account for false breakouts.
Analysis of the Chart
Price Action:
The USD/JPY appears to be in a corrective phase after a significant decline, with potential for a bullish rebound from the current levels.
A target level of 154.703 is marked on the chart, suggesting a potential recovery in the next 12 days.
Support and Resistance:
Key support: 149.351 - 149.876 (zone of the recent low).
Key resistance: 152.238 and 153.496.
Volume Profile:
High volumes in the 150 - 151 range suggest strong interest and could act as a consolidation area for price.
Momentum Indicator:
The Squeeze Momentum Indicator shows negative pressure easing, with a possible shift to positive momentum soon.
Entry Point:
Between 149.80 - 150.20, near the current level for optimal entry.
Take Profit Levels:
Target 1: 152.238
Target 2: 153.496
Target 3: 154.703
Stop Loss:
Below 149.30 to account for false breakouts.
Analysis of the Chart
Price Action:
The USD/JPY appears to be in a corrective phase after a significant decline, with potential for a bullish rebound from the current levels.
A target level of 154.703 is marked on the chart, suggesting a potential recovery in the next 12 days.
Support and Resistance:
Key support: 149.351 - 149.876 (zone of the recent low).
Key resistance: 152.238 and 153.496.
Volume Profile:
High volumes in the 150 - 151 range suggest strong interest and could act as a consolidation area for price.
Momentum Indicator:
The Squeeze Momentum Indicator shows negative pressure easing, with a possible shift to positive momentum soon.
GODO Capital Markets
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
GODO Capital Markets
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.