USDJPY H1: BUY LOW from my level +300pips(SL/TP)(SWING)

2022年11月4日

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USDJPY H1: BUY LOW from my level +300pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
TAGGED as LONG, however short-term I Expect
more losses / downside before reversal (BULLS)

🔸 Summary and potential trade setup
::: USDJPY 1hour chart review
::: updated/revised outlook
::: range trading well defined range
::: range highs at 149.00
::: range lows at 146.00
::: SWING traders focus on trading range
::: BUY LOW / SELL HIGH
::: short-term trade plan below
::: currently price is locked in range
::: short-term more losses likely
::: however expecting BULLISH reaction
::: from 146.00/40 mirror S/R level
::: recommended strategy: BUY IT 146.00
::: TP1 bulls +150 pips TP2 bulls +400 pips
::: final TP BULLS exit 149.00 range highs
::: good luck traders
🔸 Supply/Demand Zones
:::fresh supply 149.00
:::fresh demand 146/.00
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment outlook short-term: BEARS

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.