Pair: USD/JPY
Direction: SELL
Entry Zone: 156.50 – 156.80
Stop Loss: 157.40
Take Profit Levels:
- TP1: 155.60
- TP2: 154.90
- TP3: 154.10
- Price reaches entry zone → high-probability sell setup
- Hit TP1 → secure partial profit
- Hit TP2 → move SL to breakeven
- Hit TP3 → close fully
- Close above SL → invalidate setup
- Bearish momentum confirmed on H1/H4
- Resistance at 157.10 reinforces trade setup
- Overbought indicators support downward move
- Max 1–2% account risk per trade
- Avoid over-exposure on correlated pairs
- Best traded during London & New York sessions