USDJPY- Bullish Possible Setup
Trendline: There is a descending trendline indicating a previous downward trend.
Resistance Zone: This is marked at the top of the chart. The price needs to break and retest this zone to confirm an upward movement.
Support Zone: Marked at the bottom, indicating where the price found support before bouncing back.
Break of Structure (BOS): This indicates that a prior market structure was broken, suggesting a potential reversal or continuation in trend.
Entry on Breakout and Retest Only: The chart suggests an entry strategy that waits for the price to break above resistance and then retest that zone before taking a position.
Stop Loss: Marked at 142.289, below the current market price.
Take Profit Zone: This is significantly above the entry point, targeting a price around 145.000.
The strategy seems to suggest a long position after confirmation of a breakout above resistance, with clearly defined risk management (stop loss) and profit target.
Resistance Zone: This is marked at the top of the chart. The price needs to break and retest this zone to confirm an upward movement.
Support Zone: Marked at the bottom, indicating where the price found support before bouncing back.
Break of Structure (BOS): This indicates that a prior market structure was broken, suggesting a potential reversal or continuation in trend.
Entry on Breakout and Retest Only: The chart suggests an entry strategy that waits for the price to break above resistance and then retest that zone before taking a position.
Stop Loss: Marked at 142.289, below the current market price.
Take Profit Zone: This is significantly above the entry point, targeting a price around 145.000.
The strategy seems to suggest a long position after confirmation of a breakout above resistance, with clearly defined risk management (stop loss) and profit target.
Trading ditutup secara manual
Setup did not meet criteria to enter in trade
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.