"USDJPY Long Trade Setup: Potential Bullish Momentum Above 153.4

May 4

If the H1 candle for USDJPY closes bullish above 153.40, we will initiate a buy entry with a stop loss around 152. Our primary target is set at 157, but for a safer approach, we may consider exiting the trade at 154.50, aiming for a profit of 100-120 pips. If the price maintains its position above 154.50, we will hold onto the trade until it reaches the full target of 157. This setup offers a risk-reward ratio of 3:1. We consistently deliver high-quality and top-notch analysis like this.

May 6

Note

#USDJPY More Than 50 Pips Running Safer Can Book Or Hold With Breakeven

May 7

Trade closed: target reached

Update #USDJPY H1 The projected safer target of 100 pips for #USDJPY on the H1 timeframe has been successfully reached, marking a solid win for safe traders. You can confidently book these 100 pips or adjust your stop-loss to breakeven and aim for even higher targets. Kudos to the analysis for its accuracy and foresight in navigating the market dynamics. 😎😎🔥🔥

May 8

Trade closed: target reached

#Update #USDJPY The buy signal for #USDJPY was issued at 153.35, and today it reached a high of 155.450, yielding more than 200 pips in less than two days. The entire trade has been closed from our end. For those still holding positions, it's advisable to adjust stop-loss to breakeven with a 100-pip profit and wait for the final target of 157.