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USD/JPY Buy Signal (1 Viewer)

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 USD/JPY Buy Signal (1 Viewer)

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skynoxon

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Timeframe:
Primary: M15
Entry Confirmation: M1
Higher-Timeframe Direction: H1

Trade Direction: Buy

Entry Zone: 148.40 – 148.55
Optimal Entry: 148.50

Stop Loss: 148.05
Stop Loss Distance: 45 pips

Take Profit Levels:
TP1: 148.95 → 45 pips
TP2: 149.50 → 100 pips
TP3: 150.10 → 160 pips

Risk to Reward:
TP1: 1:1
TP2: 1:2.2
TP3: 1:3.5

Market Session:
Tokyo–London overlap for stability
London session for momentum continuation

Buy Confirmation (M1 / M15):
Bullish engulfing or strong bullish close above 148.50
Higher low formation on M15
Price holding above intraday support and VWAP

Trade Management:
Close partial position at TP1
Move Stop Loss to breakeven after TP1
Trail Stop Loss below higher lows if price accelerates

Invalidation:
M15 close below 148.10 invalidates the setup

Trade Type:
Scalping to intraday on M15
Short swing continuation if H1 momentum remains bullish
 

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