FX.co ★ Yasmine93ml | GBP/USD

The USDJPY weekly chart you shared shows a clear bullish trend from August 2025 to November 2025, with price moving from around 141 to the current level near 155.809. Below is a deep technical breakdown of the chart, the indicators at play, and a solid money‑management framework you can apply to any trade you plan on this pair. Technical Analysis of the Chart 1. *Price Action & Trend*: The chart displays a series of green candlesticks with higher highs and higher lows, confirming an uptrend on the weekly timeframe. The recent candles show some consolidation near the 155 level, with the latest candle closing near the middle of its range, indicating potential short‑term indecision before the next move. 2. *Moving Averages (MA)*: Two green moving averages are plotted (likely a 20‑period and a 50‑period MA based on typical settings). The price stays above both MAs, signaling that the bullish momentum is intact. The gap between the MAs and price suggests strong upward strength, but a squeeze could warn of a pullback. 3. *Volume Analysis*: The volume panel shows green bars (buying volume) generally higher than red bars (selling volume) during up moves, validating the bullish phases. The latest volume bar is green but not exceptionally high, implying the current rise has moderate participation – watch for a spike that would confirm a breakout or a drop that could signal weakening interest. 4. *Potential Support & Resistance*: Resistance is seen near 156.783 (the recent high). A break above this could target the next psychological level at 160. Support lies at the lower MA around 146‑147, then further down at the swing low near 141.348. Keeping an eye on these zones helps in setting stop‑loss and target levels. 5. *Indicator Signals (general inference)*: If there’s an oscillator like RSI or MACD hidden in the chart, you’d check for bullish divergence or overbought conditions near 155.809. Absence of visible momentum indicators means you should focus on price‑action confirmation before entering new positions. Money‑Management Strategy for Trading USDJPY Effective money management protects your capital and maximizes profit potential. Here’s a step‑by‑step approach tailored to the chart’s scenario: 1. *Position Sizing*: Determine your risk per trade (typically 1–2 % of account equity). Calculate lot size based on the distance between entry and stop‑loss. For example, with a $10,000 account and 1 % risk ($100), and a 100‑pip stop, trade 0.1 lot (1 pip = $1 for a mini‑lot). 2. *Entry & Stop‑Loss Placement*: *Aggressive entry*: Buy on a break above 156.783 with a tight stop just below the recent low of the consolidation (around 155.068). *Conservative entry*: Wait for a pullback to the lower MA (≈146.5) and enter with a stop below 144, giving more room for market noise. 3. *Take‑Profit Targets*: Set at least two targets: one near the next resistance (160) and a higher target if the trend extends (e.g., 163). Use a risk‑reward ratio of 1:2 or 1:3, meaning if your stop is 50 pips, aim for 100–150 pips profit. 4. *Trailing Stops*: Once the trade moves 50 % of your target, shift the stop to break‑even or trail it behind the lower MA to lock in profits while staying in the trend. 5. *Risk‑Adjusting for Volatility*: JPY pairs can be volatile during Asian sessions. Reduce position size or avoid trading during major Japanese news events if you’re unsure of spikes. 6. *Trade Journal & Review*: Log entry, SL, TP, and outcome for each trade. Review to see if your MA settings or volume interpretation needs tweaking for better accuracy. Actionable Plan for the Current Setup *Scenario A (Breakout)*: If price clears 156.783 with rising volume, enter long with stop at 155.068 and targets at 160 & 163. *Scenario B (Pullback)*: If price dips to the lower MA, wait for a bullish candlestick pattern and enter with a wider stop near 144, targeting the same highs. Tips to Enhance Analysis Add an RSI (14) to check overbought/oversold conditions near 155.809. Overlay Fibonacci retracement from the 141–156 move to spot hidden support on pullbacks. Monitor economic calendars for USD or JPY news that could cause sudden shifts.