SELLing TREND started in USDJPY market, Broken the strong zone..
📉 USDJPY Price Forecast 📉
USDJPY is currently at the top of the uptrend, experiencing significant consolidation within a range. The market has broken down the demand zone and also broken the ascending channel, confirming a shift in momentum. After the breakdown, the price retraced back to the channel, which has now become a strong resistance level.
The price is also retracing the demand zone, and an order block is present at 156.15. Increased selling volume suggests that sellers are gaining control, and the price is approaching a potential breakdown near the 200 EMA.
📌 Key Highlights:
- Breakdown of the demand zone and ascending channel confirmed.
- Price retracing to the order block at 156.15, preparing for further downside.
- Increased selling volume supporting bearish momentum.
- Near the 200 EMA, which may act as a strong resistance.
✅ Stay Ahead and Profitable!
Like, comment, and follow for precise updates and actionable forecasts.
Don’t miss the opportunity to trade this bearish move—be ready for the next big move! 🚀
📢 Join the community for expert analysis and consistent success!
#USDJPY #ForexTrading #TechnicalAnalysis #TradingSignals
USDJPY is currently at the top of the uptrend, experiencing significant consolidation within a range. The market has broken down the demand zone and also broken the ascending channel, confirming a shift in momentum. After the breakdown, the price retraced back to the channel, which has now become a strong resistance level.
The price is also retracing the demand zone, and an order block is present at 156.15. Increased selling volume suggests that sellers are gaining control, and the price is approaching a potential breakdown near the 200 EMA.
🎯 Technical Target Levels:
- 154.30
- 153.20
- 149.60 (Final target)
📌 Key Highlights:
- Breakdown of the demand zone and ascending channel confirmed.
- Price retracing to the order block at 156.15, preparing for further downside.
- Increased selling volume supporting bearish momentum.
- Near the 200 EMA, which may act as a strong resistance.
✅ Stay Ahead and Profitable!
Like, comment, and follow for precise updates and actionable forecasts.
Don’t miss the opportunity to trade this bearish move—be ready for the next big move! 🚀
📢 Join the community for expert analysis and consistent success!
#USDJPY #ForexTrading #TechnicalAnalysis #TradingSignals
Note
Market Insight:
USDJPY has retraced to the bearish order block zone, signaling a potential reversal area. Now, we’re waiting for a strong bearish candle to form at this zone to confirm the selling momentum. Once that happens, our entry will be activated, aligning with the bearish trend.
Action Plan:
Be patient and let the confirmation candle form before entering the trade. Risk management is key—this setup has strong potential!
Stay tuned for updates as the market unfolds. 🔥
Trade active
Market Insight:
USDJPY moved exactly as anticipated, first retracing to the bearish order block, and now heading strongly towards our target levels. The market has already touched 155.00, with the first target at 154.30 successfully hit—well done, everyone! 🎯
Action Plan:
Keep holding your trades as the price continues to align with our targets. Stay patient and let the profits grow while managing your risk effectively.
Excellent progress so far—let’s aim for the next level! 🚀
📱Join Telegram Channels Free.
t.me/TrendLogic1
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
t.me/JosProTrader
Gold signals with proper TP and SL for high-profit opportunities.
t.me/TrendLogic1
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
t.me/JosProTrader
Gold signals with proper TP and SL for high-profit opportunities.
📱Join Telegram Channels Free.
t.me/TrendLogic1
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
t.me/JosProTrader
Gold signals with proper TP and SL for high-profit opportunities.
t.me/TrendLogic1
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
t.me/JosProTrader
Gold signals with proper TP and SL for high-profit opportunities.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.