U.S. Dollar / Japanese Yen
Long
Updated

USD/JPY Price Forecast – Strong Downtrend in Play

226
USD/JPY is following a strong downtrend line, respecting the bearish momentum. Wait for a proper support line breakdown before entering trades for maximum confirmation. πŸ“Š

πŸ“Š Technical Analysis:

βœ… πŸ“‰ Strong Downtrend – Price is consistently respecting the trendline
βœ… πŸ”Ž Support Line Breakdown – Key confirmation for further downside
βœ… πŸ“Š EMA 200 – Acting as a dynamic resistance level

🎯 Technical Target Levels:

πŸ“Œ 147.20 – First bearish target
πŸ“Œ 142.00 – Final extended target

πŸ“’ Trading Strategy

πŸ”Ή Wait for a confirmed breakdown before entering trades
πŸ”Ή Ensure strong bearish momentum & volume for validation
πŸ”Ή Follow the trend & manage risk with a proper stop-loss above resistance

πŸ“‰ The setup is aligningβ€”stay patient, follow the trend, and capitalize on the move! πŸ’°πŸ”₯

πŸ“Œ Like, comment & follow for more updates! πŸ””
Trade active
πŸ”₯ USD/JPY Trade Update – Bearish Breakdown in Play! πŸ”₯

USD/JPY has broken key support with a strong bearish candle, signaling a potential continuation to the downside. This breakdown confirms selling pressure, making it a great time to look for short opportunities.

πŸ“Š Technical Breakdown
πŸ“ Support Level Broken: Price has decisively moved below a key support zone.
πŸ“ Bearish Momentum: Strong selling pressure is visible with a large bearish candle.
πŸ“ EMA 200 Confirmation: Price trading below the 200 EMA confirms the downtrend bias.


⚠️ Trading Plan & Risk Managemen
πŸ”Έ Entry: After confirmation of the breakdown with a strong bearish candle
πŸ”Έ Stop Loss: Above the broken support to avoid fakeouts
πŸ”Έ Take Profit: Scaling out at key support levels for optimal risk management
πŸ”Έ invalidation: If price closes **back above the support, the breakdown could be a trap.

πŸ“’ Final Thoughts
This breakdown presents a high-probability short trade, but traders should watch for a potential pullback to retest the broken support before entering. Always trade with discipline and proper risk management!

πŸ”” Follow for more real-time trade updates! πŸ“‰πŸ”₯

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