USD/JPY Channel Breakout (Weekly Forecast Mar 3-7)

kelmarin

The USD/JPY pair on the H2 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.

Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.

Target Levels:
1st Resistance – 153.90
2nd Resistance – 155.60

🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !

Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.

Best Regards, KABHI_TA_TRADING
Thank you.

kelmarin

Dagangan aktif

Taken