“USD/JPY Analysis: Key Levels and Trade Opportunities for February 28, 2025”

 Based on the chart shown in the image, here’s a detailed analysis of the strategy and possible Take Profit (TP) and Stop Loss (SL) levels:

1. Market Overview

• Pair: USDJPY (H1 timeframe)

• Trend Summary: Strong Downtrend (as indicated in the trend summary)

• Indicators Used:

• Multiple Moving Averages (MA)

• Trend Lines (Support & Resistance)

• Fuzzy Logic Analysis

• Pending Orders Visible

• Trend Screener (showing Downtrend across multiple timeframes)

• Current Market Price: Around 149.245

• Key Observations:

• The price is below key moving averages (suggesting a bearish momentum).

• The red moving average appears to be acting as a dynamic resistance.

• Price is nearing a support level, marked by green horizontal lines.

2. Possible Entry & Exit Points

Sell Entry Setup (Trend Following)

• Given the strong downtrend, the best strategy is trend continuation by selling on retracements.

• Ideal sell entry: Around 149.600 – 149.700 (if price retests resistance).

• Confirmation: If price fails to break above the red moving average.

✅ Target Take Profit (TP) Levels:

• TP1: 149.100 (nearest support level)

• TP2: 148.900 (next strong support zone)

• TP3: 148.500 (major swing low area)

🛑 Stop Loss (SL) Levels:

• SL: 150.050 (above major resistance and MA)

• If using a tighter SL, consider 149.800.

Buy Entry Setup (Countertrend Reversal)

• If price finds support near 148.900, a short-term reversal could occur.

• Buy entry should only be considered if strong rejection occurs.

✅ Target Take Profit (TP) Levels:

• TP1: 149.500 (mid-range)

• TP2: 149.900 (retest of the moving average resistance)

🛑 Stop Loss (SL) Levels:

• SL: 148.750 (if price breaks below major support)

3. Final Strategy Recommendation

• Primary Bias: Sell on pullbacks towards resistance.

• Secondary Bias: Buy only if support holds strongly with reversal patterns.

• Risk Management: Always maintain a minimum 1:2 risk-reward ratio.

This strategy should work best if you follow the trend confirmation while monitoring key support & resistance zones. Let me know if you need further refinements!