USD/JPY - Multi Timeframe AnalysisUSD/JPYOANDA:USDJPYJibzy_Trades🚀 USD/JPY Forecast: Breaking Out of the Wedge! 🚀 Hey traders! 👀 The USD/JPY is looking like it’s gearing up for a big move, so let’s dive into the charts and break it down. 🔍 4-Hour Chart (Top Left): We’ve got an Ascending Wedge Formation on our hands! Price has been creeping up towards key resistance, but it’s been bouncing off this trendline like a pinball. Look at the Entry Zone right here — we could see a breakout soon, either to the upside or downside. Are we going to push higher, or is this the calm before the storm? ⚡ 🎯 Target Levels: Target 1: First stop if the breakout happens is just above 155.00. Target 2: After that, we’re eyeing 156.00, which could be a major resistance zone. 📅 Daily Chart (Middle): On the daily, we’re still seeing that wedge formation play out. The pressure is building, and it's almost time for the price to make its move. Will the bulls keep charging, or will we see a shift in momentum? That strong support below might just give us a push if we drop back down. 📊 Weekly Chart (Bottom Right): Looking at the long-term picture, USD/JPY is in an upward trend, breaking through key resistance levels over the last few months. We’ve already seen a Break of Structure (BOS) at 151.00, and now we’re breaking above 154.00! This could signal the continuation of the uptrend as we eye 156.00 next. 💥 Key Levels to Watch: Resistance: 156.00 (Eyes on this level — it could be the next big hurdle!) Support: 152.00 (Look for a possible retracement here if we see a pullback) Next Target: If we break 156.00, we could see USD/JPY heading even higher towards 160.00 in the coming months! 🔥 What’s Next? The squeeze is real! Will USD/JPY break higher, or are we about to see a sharp reversal? Either way, there’s plenty of action to look forward to in the coming days. Make sure you’re ready! 💬 How are you planning to trade USD/JPY right now? Drop your thoughts below and let’s discuss the setup!