USD/JPY Breakout Trade Setup – Bullish Potential Ahead!

📉 Trend Analysis:

The pair has been in a downtrend 📉 since early February, following the descending trendline.

Now, price is breaking out above the trendline 📈, indicating a potential reversal or bullish move.


📊 Trade Setup:
🔹 Entry: Around 149.731 (current price)
🔹 Take Profit Targets:

🎯 TP1: 150.170 (First resistance)

🎯 TP2: 151.028 (Stronger resistance)

🚀 Final Target: 152.309 - 152.319 (Main bullish goal)
🔹 Stop Loss: 148.567 - 148.549 (Below recent support) ❌


⚖ Risk-Reward Ratio:
✅ Good reward-to-risk setup since stop-loss is tight, but the upside potential is higher.