Japanese Yen / U.S. Dollar forum
USDJPY 📊 USDJPY Intraday Trade Setups
💼 Trade Idea: Buy Intraday Trade Setup
🔹 Entry Price: ✨ 155.271
🔹 Stop Loss: ❌ 155.000
🔹 Take Profit 1: 🎯 155.700
🔹 Take Profit 2: 🎯 156.000
📌 Reason for Entry: The entry price of 155.271 aligns with a key support zone, validated by the daily Fibonacci retracement levels. The market is showing signs of a potential bullish reversal at this level. Targets are set at 155.700 and 156.000, which correspond to nearby resistance zones. The stop loss is placed at 155.000 to manage risk.
💼 Trade Idea: Sell Intraday Trade Setup
🔹 Entry Price: ✨ 156.559
🔹 Stop Loss: ❌ 156.800
🔹 Take Profit 1: 🎯 156.100
🔹 Take Profit 2: 🎯 155.800
📌 Reason for Entry: The entry price of 156.559 aligns with a strong resistance level identified through daily Fibonacci retracement levels. The price action suggests a potential downward move, with the first target at 156.100 and the second at 155.800. The stop loss is set at 156.800 to manage risk.
💡 Summary:
USDJPY is at critical levels, with support at 155.271 and resistance at 156.559. The Buy Setup at 155.271 targets 155.700 and 156.000, while the Sell Setup at 156.559 targets 156.100 and 155.800. These setups are based on daily Fibonacci retracement levels and strong support/resistance zones.
USDJPY USDJPY 21st December 2024 Weekly Analysis Based on Main Key Levels
📍 Weekly Current Market Price (DCMP): 156.418
📉 Key Levels
🛑 Resistance (Above DCMP):
Resistance 1: 153.951
Resistance 2: 154.922
Resistance 3: 156.492
✅ Support (Below DCMP):
Support 1: 150.810
Support 2: 149.839
Support 3: 148.268
📉 Swing Levels
Swing High: 156.751
Swing Low: 149.362
💼 Intraday Buy Trade Setup
🔹 Entry Price: ✨ 154.922
🔹 Stop Loss: ❌ 153.951
🔹 Take Profit 1: 🎯 156.492
🔹 Take Profit 2: 🎯 156.751
📌 Reason for Entry:
USDJPY is approaching a strong support level at 154.922, making it a good point for entering a buy trade. The first target is 156.492, followed by 156.751. The Stop Loss is placed at 153.951 to manage risk effectively.
💼 Intraday Sell Trade Setup
🔹 Entry Price: ✨ 156.492
🔹 Stop Loss: ❌ 156.751
🔹 Take Profit 1: 🎯 154.922
🔹 Take Profit 2: 🎯 153.951
📌 Reason for Entry:
USDJPY is at Resistance 3 at 156.492, triggering a potential sell trade. The Stop Loss is set at 156.751, with targets at 154.922 and 153.951.
💡 Summary
USDJPY is trading at 156.418.
Resistance Levels: 156.492, 154.922, 153.951
Support Levels: 150.810, 149.839, 148.268
Swing High: 156.751
Swing Low: 149.362
Intraday Buy: Enter at 154.922, targets 156.492 and 156.751.
Intraday Sell: Enter at 156.492, targets 154.922 and 153.951.
USDJPY +175 pip move off 157.750Yes, I may troll
But beneath the trolling
I'm printing
;)
USDJPY I think now I am getting that how does patience work in this game.
USDJPY all Tp hit enjoy your profit margins 😋 We print USD 🤫
USDJPY profit target hit at 156. Happy Weekend everyone👍
USDJPY that was still the last leg to the upside as said. but that volume was crazy.
USDJPY Phew that previous 15min candle was a nasty little fakeoutUSDJPY bro this pair is wild
USDJPY im out great profits