### **USD/JPY Technical Analysis: Bearish Setup**
#### **Key Observations:**
1. **Break of Structure:**
- **H4 Chart:** Price broke below the **lower trendline of the ascending channel**, signaling a potential trend reversal.
- **Alligator Indicator (Williams):**
- **Lips crossed below Jaw** → Confirms bearish momentum.
- **Chaikin Oscillator:**
- **Fell below 0** → Indicates selling pressure and outflow.
2. **Daily Chart – Bearish Flag Pattern:**
- A **bearish flag** (consolidation after a sharp decline) suggests continuation downward.
- Confirms the **H4 breakdown**, increasing bearish probability.
---
### **Trade Plan: Sell USD/JPY**
#### **Entry Zone:**
- **Sell on consolidation below 143.300** (confirms bearish control).
#### **Targets:**
1. **TP1: 142.000** (initial support level).
2. **TP2: 140.000** (next psychological & structural support).
#### **Stop-Loss (SL):**
- **Above 144.000** (above recent swing high for risk management).
---
### **Key Indicators to Monitor:**
✅ **MACD:** Bearish crossover & histogram below zero.
✅ **RSI (14):** Below 50 (confirms bearish momentum).
✅ **Price Action:** Rejection at 143.300 strengthens the sell signal.
### **Risk-Reward Ratio (RRR):**
- **Entry: 143.30**
- **SL: 144.00 (70 pips risk)**
- **TP1: 142.00 (130 pips reward) → ~1:1.85**
- **TP2: 140.00 (330 pips reward) → ~1:4.7**
---
### **Final Verdict:**
- **Strong bearish confirmation** on both H4 & D1.
- **Sell below 143.30**, targeting **142.00 → 140.00**.
- **Invalidation:** A break above **144.00** negates the bearish structure.
Would you like a deeper analysis on Fibonacci retracement levels or order flow confirmation? 🚀
#### **Key Observations:**
1. **Break of Structure:**
- **H4 Chart:** Price broke below the **lower trendline of the ascending channel**, signaling a potential trend reversal.
- **Alligator Indicator (Williams):**
- **Lips crossed below Jaw** → Confirms bearish momentum.
- **Chaikin Oscillator:**
- **Fell below 0** → Indicates selling pressure and outflow.
2. **Daily Chart – Bearish Flag Pattern:**
- A **bearish flag** (consolidation after a sharp decline) suggests continuation downward.
- Confirms the **H4 breakdown**, increasing bearish probability.
---
### **Trade Plan: Sell USD/JPY**
#### **Entry Zone:**
- **Sell on consolidation below 143.300** (confirms bearish control).
#### **Targets:**
1. **TP1: 142.000** (initial support level).
2. **TP2: 140.000** (next psychological & structural support).
#### **Stop-Loss (SL):**
- **Above 144.000** (above recent swing high for risk management).
---
### **Key Indicators to Monitor:**
✅ **MACD:** Bearish crossover & histogram below zero.
✅ **RSI (14):** Below 50 (confirms bearish momentum).
✅ **Price Action:** Rejection at 143.300 strengthens the sell signal.
### **Risk-Reward Ratio (RRR):**
- **Entry: 143.30**
- **SL: 144.00 (70 pips risk)**
- **TP1: 142.00 (130 pips reward) → ~1:1.85**
- **TP2: 140.00 (330 pips reward) → ~1:4.7**
---
### **Final Verdict:**
- **Strong bearish confirmation** on both H4 & D1.
- **Sell below 143.30**, targeting **142.00 → 140.00**.
- **Invalidation:** A break above **144.00** negates the bearish structure.
Would you like a deeper analysis on Fibonacci retracement levels or order flow confirmation? 🚀
Trade active
trade active
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & 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.
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & 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.