📊 USDJPY 1H — Bearish Setup
📌 MARKET ANALYSIS
USDJPY has made a strong bullish move and is currently consolidating near the recent high.
Price is showing signs of rejection around the current area, so I am looking for a potential short setup.
TRADE PLAN:
🔴 Direction: SHORT / SELL
⏱ Timeframe: 1H
📍 Entry: 159.345
🛑 Stop Loss: 159.465
🎯 Take Profit: 158.600
💰 Risk: 0.25% per trade
TRADE MANAGEMENT:
• Risk is predefined at 0.25%.
• Stop Loss is placed above the marked resistance area.
• Take Profit is placed near the downside target.
• No revenge trading.
• No unnecessary movement of the Stop Loss.
I will update this idea once the trade reaches TP, SL, or is closed manually.
This is my personal market analysis and trading journal, not financial advice.
📌 MARKET ANALYSIS
USDJPY has made a strong bullish move and is currently consolidating near the recent high.
Price is showing signs of rejection around the current area, so I am looking for a potential short setup.
TRADE PLAN:
🔴 Direction: SHORT / SELL
⏱ Timeframe: 1H
📍 Entry: 159.345
🛑 Stop Loss: 159.465
🎯 Take Profit: 158.600
💰 Risk: 0.25% per trade
TRADE MANAGEMENT:
• Risk is predefined at 0.25%.
• Stop Loss is placed above the marked resistance area.
• Take Profit is placed near the downside target.
• No revenge trading.
• No unnecessary movement of the Stop Loss.
I will update this idea once the trade reaches TP, SL, or is closed manually.
This is my personal market analysis and trading journal, not financial advice.
Trade closed: target reached
✅ TP HIT — TRADE COMPLETEDUSDJPY 1H Short setup has reached the take-profit target.
Risk: 0.25%
Risk/Reward: 1:6
Result: Based on the planned R:R
Trade completed according to the original trading plan.
No further management required.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
