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FX.co ★ USD/JPY

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Trader Journals:::2024-05-02T16:59:57

USD/JPY

My greetings! Today I am ready to provide a detailed analysis overview for the USDJPY currency pair, focusing on the 15-minute time frame. Upon careful examination, I identify prospects for short positions, highlighting significant entry points at levels 154.884 and 154.964. My decisions are thoroughly justified by analysis, supported by the use of key indicators such as Parabolic SAR and MACD indicator. Within the current trading dynamics, the strategy is based on placing limit orders, taking into account price activity in the 154.484 zone. The stop-loss is set at a level close to 155.084, while the profit level corresponds to the price of 154.434. These actions are aimed at minimizing risks and maximizing potential profits. On this trading day, I wish everyone successful trade execution and achieving profitable results. May luck accompany you at every step in the financial markets!

USD/JPY

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