USDJPY - Consolidation Zone
Updated
Overall Trend Consolidation
Downtrend Side: The price trading below 145.65, confirmed by the close of a 4-hour candle, could continue a decline toward 144.197. Continued trading below this level would likely target the next support level at 142.607.
Uptrend Side: For the uptrend to be confirmed, the price must stabilize above 146.438. This would establish an upward trajectory with the potential to reach the resistance level of 148.663. Should the price maintain its position above this level, it could advance further to 149.921.
Tendency Keys: 146.438
Downtrend Side: The price trading below 145.65, confirmed by the close of a 4-hour candle, could continue a decline toward 144.197. Continued trading below this level would likely target the next support level at 142.607.
Uptrend Side: For the uptrend to be confirmed, the price must stabilize above 146.438. This would establish an upward trajectory with the potential to reach the resistance level of 148.663. Should the price maintain its position above this level, it could advance further to 149.921.
Tendency Keys: 146.438
Trade closed: target reached
According to our analysis, the price has declined and reached our target. Currently, it remains stable below the 144.19 level and is undergoing a correction toward the resistance at 144.19. After testing this level, the price is expected to resume its decline toward 142.60.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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