USDJPY: bullish momentum eyes 158 breakoutUnited States Dollar vs Japanese YenTICKMILL:USDJPYTrade8Eight🛠 Technical Analysis: On the 4-hour (H4) timeframe, USDJPY continues to trade within a dominant Ascending Channel, maintaining a clear bullish structure. The price has recently successfully retested the "Broken resistance line" (the previous diagonal downtrend) and is now pushing higher, supported by a healthy alignment of moving averages. The pair is currently positioned above the SMA 50, 100 and 200, which act as a dynamic support cluster. The primary focus is now on the major horizontal Resistance zone at 158. As noted on the chart, the bias remains strongly bullish, and a confirmed breakout above this 158 handle is expected to trigger a significant impulse move toward the upper boundary of the main channel. ——————————————— ❗️Trade Parameters (BUY) ——————————————— ➡️ Entry Point: Buy on a confirmed breakout and H4 candle close above 158 (approx. 158.096). 🎯 Take Profit: 161.936 (Upper boundary of the Ascending Channel). 🔴 Stop Loss: 156.175 ⚠️ Disclaimer: This is a potential trade idea based on current analysis; market conditions and price direction are subject to change based on news factors and volatility.