USD/JPY 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE
This chart is a technical analysis of USD/JPY on the 1-hour timeframe, showing a successful breakout prediction. Here’s what it means:
Breakout Move: The price surged past resistance and reached the red circled area at the top, indicating a strong bullish move.
Target Confirmation: The yellow zone around 153.635 was the first confirmation target, which was successfully hit.
Potential Reversal Setup: The chart suggests a possible pullback to the lower red zone, marked as "Setup," where a new trade opportunity might arise.
It seems like you predicted this breakout correctly. Are you planning to update your TradingView post with this result?
Breakout Move: The price surged past resistance and reached the red circled area at the top, indicating a strong bullish move.
Target Confirmation: The yellow zone around 153.635 was the first confirmation target, which was successfully hit.
Potential Reversal Setup: The chart suggests a possible pullback to the lower red zone, marked as "Setup," where a new trade opportunity might arise.
It seems like you predicted this breakout correctly. Are you planning to update your TradingView post with this result?
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.