The chart is a *4-hour* timeframe of *USD/JPY* and is using *Smart Money Concepts (SMC), particularly **market structure analysis* with concepts like:
1. *CHoCH (Change of Character)* – Indicates shifts in market direction.
2. *BOS (Break of Structure)* – Confirms trend continuation or reversal.
3. *Order Blocks (OB)* – Key institutional supply and demand zones.
4. *Fair Value Gaps (FVG)* – Imbalances in price action that may be filled.
5. *Resistance Area* – A key supply zone where price may react.
6. *Trend Line* – Used to identify bullish momentum.
### *Current Trend:*
- *Bullish: The market is making **higher highs and higher lows*.
- Price is currently near *149.417, respecting an upward **trendline*.
- *Target:* *Resistance area near 151.500 - 152.000*.
- Possible retracement to *FVG or OB zones (148.000 - 147.500)* before resuming upward movement.
Would you like a deeper analysis or trading recommendations based on this?
1. *CHoCH (Change of Character)* – Indicates shifts in market direction.
2. *BOS (Break of Structure)* – Confirms trend continuation or reversal.
3. *Order Blocks (OB)* – Key institutional supply and demand zones.
4. *Fair Value Gaps (FVG)* – Imbalances in price action that may be filled.
5. *Resistance Area* – A key supply zone where price may react.
6. *Trend Line* – Used to identify bullish momentum.
### *Current Trend:*
- *Bullish: The market is making **higher highs and higher lows*.
- Price is currently near *149.417, respecting an upward **trendline*.
- *Target:* *Resistance area near 151.500 - 152.000*.
- Possible retracement to *FVG or OB zones (148.000 - 147.500)* before resuming upward movement.
Would you like a deeper analysis or trading recommendations based on this?
t.me/Xauusdanalysischartexperts
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/Xauusdanalysischartexperts
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/Xauusdanalysischartexperts
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.
t.me/Xauusdanalysischartexperts
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/Xauusdanalysischartexperts
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/Xauusdanalysischartexperts
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.