USDJPY looking bullish on 1H
The pair is showing strong bullish momentum following a break and successful retest of our 1H level. We plan to enter a buy position around 151.894, aiming for a target level of 153.026. Stop-loss orders should be set at 151.468 to manage risk effectively.
This trade setup offers a risk-to-reward ratio of 1:2.65, presenting a favorable opportunity. As always, trade responsibly and ensure that this position aligns with your individual trading strategy.
This trade setup offers a risk-to-reward ratio of 1:2.65, presenting a favorable opportunity. As always, trade responsibly and ensure that this position aligns with your individual trading strategy.
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