[High Setup] Engulf Zone + Triple Rejection Engulf Zone + Triple Rejection
Here's are shown a Major and Minor setup of Engulf Zone + Triple Rejection
JPYUSD trade ideas
Simple and clear as making tea, 4hr1. Market Structure & Patterns
• Bearish Structure:
The pair has been consistently forming lower highs and lower lows, confirming a bearish trend. I follow structure first — it gives the most reliable roadmap before looking at patterns or indicators.
• Bearish Flags (Continuation Patterns):
These are rising channels within a downtrend, usually forming after a strong impulse drop. Think of them as “breathers” before price continues down.
Every flag here broke down, confirming that sellers are still in control after short pullbacks.
• Rejection Zones (Supply Areas):
Marked in pink, these zones are where price previously reversed sharply. Every time price returns to these levels, it shows hesitation or reversal, especially when followed by a bearish candle or wick rejection.
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2. Strong Levels & Liquidity Zones
• Liquidity Zones:
Areas like 140.450 are key because price reacted strongly there in the past — either as a turning point or a fakeout. These zones often hold pending orders, so I mark them as targets for potential bounces or breakouts.
• Confluence of Structure + Liquidity:
When a strong level (like previous demand) lines up with a structural level (like a lower low), it becomes a high-probability target.
• Dynamic Resistance (Trendlines/Channels):
The upper trendline of the flag acted as a form of resistance. Once price broke below it and retested the area, it confirmed a potential continuation.
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3. Fundamentals (Light Touch )
• USD Side:
Recent uncertainty around Fed rate cuts, inflation reports, and mixed labor data have caused the USD to fluctuate, but overall sentiment is leaning slightly dovish. This weakens the USD.
• JPY Side:
The Bank of Japan has started hinting at a possible shift away from ultra-loose policy, which could strengthen the Yen in the medium term.
• Macro Context:
If global risk sentiment turns negative (e.g., stocks fall or geopolitical tensions rise), safe-haven flows into JPY typically increase.
Together, these fundamentals support the technical bearish outlook on USDJPY in the short to mid term.
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Final Thoughts
This setup is built on:
• Clean structure
• Pattern recognition
• Key zone reactions
• Light macro context
Patience and confirmation are key — I wait for price to reject zones and form clear price action (like bearish engulfing or strong wicks) before executing.
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Japan Oer handling the DollarUSDJPY is lossing ground and drifting to the downside just after the 145 price leel retest then it will look to shift down to 143 pice level for the week if not days
USDJPY UPDATED Technical Elements Observed
Bullish Reversal Setup:
There’s a greyed box indicating a potential bullish setup.
A projected “W” pattern (double bottom) is drawn within the red zone, implying a reversal formation.
Support Zone (Red Area):
Range: ~143.791 to 144.486
The chart suggests a possible bounce off this zone.
This is the critical demand/support area.
Resistance / Target Zone:
Target price: ~147.056
This implies a ~200-pip upside move from the support area.
Stop-Loss Indication:
Below the red zone: ~143.700
This is a conservative stop-loss based on the chart setup.
Trade Idea Summary (Based on Drawing)
Buy Zone: 144.486–144.000
Stop Loss: ~143.700
Take Profit: ~147.056
Risk:Reward Ratio: Approximately 1:3 or better
$USDJPY in Secondary Wave of Major TrendFX:USDJPY currently in secondary wave of major trend. Stochastic indicator showing oversold conditions, EMA beginning to flip. Rejection occurring at the RBS area.
USDJPYThis is a 4-hour chart of the USD/JPY currency pair with a technical analysis setup that includes the following key elements:
Chart Analysis:
Trendline Support:
The price is following an ascending trendline, confirmed by higher lows (marked by green arrows).
The recent bounce off this trendline signals ongoing bullish momentum.
Key Levels & Zones:
Daily Supply Zone: Located around 147.80–148.30, which could act as a major resistance if price rallies.
Daily Resistance: At approximately 145.735, which price is approaching.
Daily Support: Around 142.87, reinforced by trendline confluence.
Fibonacci Retracement:
Fibonacci levels are drawn from the recent swing low to high:
0.382 ≈ 144.05
0.5 ≈ 144.07
0.618 ≈ 144.51
The price recently bounced from near the 0.618 retracement and is now climbing.
Moving Averages:
EMA 9 and EMA 21 are both sloping upward, with the 9 EMA (blue) currently at 144.757 and above the 21 EMA (orange), reinforcing a short-term bullish bias.
Bullish Scenario (highlighted by arrows):
If the price holds above the trendline and the 144.50–144.75 zone, a move toward 145.92 (previous high) is expected.
A break above 145.92 could lead to an extension toward 148.28 (1.618 Fib extension), coinciding with the supply zone.
Summary:
Current Bias: Bullish, as long as price respects the trendline and EMAs.
Confirmation for Continuation: A close above 145.735.
Invalidation: A sustained break below 143.75 or the trendline could shift the bias bearish.
Double top with divergencyI'm not in this trade as it would be triggered in the middle of the night for me. Gonna try to find a opportunity to enter around the highlighted box area so i can still have a reasonable stop for a good RR. If not ,will turn the page and look for another trade.
USDJPY 1HThis chart displays a bearish trading setup for USD/JPY on the 1-hour timeframe, suggesting a potential short opportunity. Here's the key breakdown:
Pattern: Double top (highlighted with orange circles) — a common reversal pattern.
Sell Zone: Around 146.000, identified as a strong resistance level.
Trade Plan:
Entry: In the Sell Zone after the second top.
Target Levels:
Level 1 near 145.000
Level 2 around 143.500
Final Target (Target Successful) just above 142.500
Expectation: A stepwise drop from the Sell Zone through the levels to the final target.
Would you like help creating a similar chart setup or turning this into a trading strategy?
USDJPY MARKET IN H4 TIMEFRAME!!Price declined further today and broke Trendline . We might experience further drop to a low level of 139.959 as we anticipate fed interest rate tomorrow. A sell opportunity is envisaged.
Massive H&S on USDJPYOver the weekend the US dollar began to fall rapidly against the Taiwan Dollar (TWD). Yesterday and Today we are beginning to see a US dollar sell off against the Chinese Yuan as well. Then we have a massive bearish setup against the Japanese Yen, the 3rd most traded currency after the USD and Euro. The DXY is just below 100 and still holding, but individual currency pairs are telling a different story. Could this mark the beginning of the US dollar collapse?
"USDJPY | Smart Money Premium Trap | Mitigation Block Rejection"⚡ USDJPY Analysis – 30M Timeframe | April 30, 2025
📊 Price Action Summary:
USDJPY has aggressively tapped into the Premium Zone, aligning perfectly with a Mitigation Block and Fibonacci 61.8% golden pocket.
We’re seeing early signs of Smart Money rejection — time to stay sharp! 🧐
🔥 Key Moves:
Premium Zone Entry: Price retraced right into the 61.8–70.5% fib region.
Mitigation Block respected: A known Smart Money zone where trapped sellers from previous moves get wrecked.
Liquidity Build-Up Below: Eyes on the unprotected lows — Smart Money LOVES to grab those.
🧠 What’s Really Going On Behind the Scenes:
Retail traders: "It’s bouncing! Let’s go long!" 🟢💸
Smart Money: "Perfect… let’s trap them for liquidity." 🧊📉
This move screams classic Premium Trap — draw them in, then nuke it. ☠️
🧩 Why This Setup Matters:
Mitigation Block + FVG combo = High-probability rejection zone
Sellers are likely reloading positions here
The Strong High has been established — room to target Weak Lows below
🎯 Trade Setup Idea:
Entry: Inside or just below the Mitigation Block (confirmation from bearish rejection)
Stop Loss: Just above the Strong High (~142.813)
Take Profit Zones:
TP1: Mid-discount (~141.400)
TP2: Weak Low (~139.899) — the real liquidity target 🎯
💬 Pro Tip:
"Mitigation blocks are the sniper’s nest for Smart Money. Get in, get out, get paid." 🎯
Watch the reaction closely inside the purple zone. It’s not just a block — it’s a liquidity recycling station.
🚀 Summary:
✅ Price entered Premium
✅ Mitigation Block tested
✅ Liquidity below waiting
✅ High RRR bearish setup aligning
🧘♂️ Be patient. Wait for confirmation. Let Smart Money leave the trail — then follow.
✍️ Save this chart and study how Mitigation Blocks get respected over and over. It’s not magic — it’s mechanics.
➡️ Comment "SNEAKY SHORT" if you're watching the block trap unfold!
➡️ Tag a trader who still doesn’t believe in Premium/Discount theory. 😂📉📈
USDJPY Top down analysisOn the MONTHLY timeframe.
we established a major support zone and price is currently rejecting from the zone as the monthly candle closes exactly at that zone.
We keep our eyes on it while we go check out the weekly timeframe.
USDJPY Daily & H4 Forecasts, Technical Analysis & Trading IdeaTechnical analysis is on the chart!
No description needed!
FX:USDJPY
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USDJPY POTENTIAL SELL OPPORTUNITY!Price currently retraced to a pullback resistance providing us with a potential sell opportunity. We anticipate a drop in price from the current price.
Fundamentally JPY being the regional safe haven currency has performed over 5.8% increase against dollar this year. The current trade war between US & China might make it possible for JPY to perform more efficiently against USD. and also, the BoJ interested rate remain unchanged.
USDJPY – Potential Volatility AheadUSDJPY started the week with a 1.3% fall on Monday, where it fell from opening levels around its weekly highs at 143.88, to a low at 141.92 and has since stayed relatively quiet. However, that could all change as we move through towards Friday, as FX markets move into a 3-day period packed with important scheduled events.
Risk sentiment towards US assets, and USDJPY in particularly, could be impacted by todays preliminary US Q1 GDP release at 1330 BST, which could indicate whether the US economy experienced a bigger slowdown at the start of 2025 than initially anticipated.
Then, later in the day the Fed’s preferred gauge of inflation, the PCE Index is released at 1500 BST, and this is followed by the earnings updates from US technology giants Microsoft and Meta later in the evening.
If that wasn’t enough to potentially increase USDJPY volatility, the Bank of Japan (BoJ) will post its interest rate decision early on Thursday morning. Although no change is expected due to the current uncertain tariff impacted climate and on-going trade deal negotiations with the US, the press conference led by BoJ Governor Ueda could contain some market moving commentary.
This all culminates on Friday’s US Non-farm Payrolls update at 1330 BST, where all eyes may well be focused on the unemployment rate print, currently 4.2%, to see if the US labour market is weakening, which if it is, could open the possibility of Fed rate cuts.
Technical Update: 144.06 Resistance Holds Latest Recovery
Having approached 139.58, the September 16th 2024 low trade, USDJPY has seen a recovery in price. However it could be argued, this appears a reaction to what were likely over-extended downside conditions, in place after the 7.50% decline from 151.21, the March 28th 2025 high.
Importantly, latest price strength has been held and so far, reversed by 144.06, the 38.2% Fibonacci retracement of March 28th to April 22nd weakness, which traders are likely to continue to focus on, as a potential resistance.
The BoJ announcement and data releases this week have potential to be important sentiment drivers for USDJPY, and we must be aware of support and resistance levels that may help us gauge the next direction of future price moves.
Resistance Levels:
As we have said, so far, recent recovery themes have been unable to break above 144.06 retracement resistance, which will likely be an area that needs to give way on a closing basis to suggest possibilities of a more extended phase of price strength.
While much will depend on the market’s reaction to up and coming events and future price trends, 144.06 closing breaks might suggest scope towards 145.43 the higher 50% Fibonacci level, even 146.80, the 62% retracement.
Support Levels:
Having seen Monday’s decline, price activity is back to what might be a support focus for traders at 142.00, equal to half recent strength.
Closing breaks of 142.00 may be an indication of potential for further declines, although it is possible the 139.58 September 16th 2024 low may need to give way on a closing basis to suggest possibilities of increasing downside pressure on price.
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USD/JPY 1H Chart AnalysisStructure: Bullish, with higher highs (H1) and higher lows consistently forming.
Key Zone: A demand zone around 143.00 – 143.20. Price could pull back here for liquidity before continuing higher.
Current Price: Consolidating near 143.70 after a strong impulse.
Bias: Bullish, as long as price holds above 143.00. Watching for a possible dip into demand before resuming the uptrend toward 144.20 highs.
Weekly prediction on USDJPWe are anticipating false week downward direction ,the accumulate orders during the consolidation then after that we move against the false week beginning move come Tuesday or
USDJPY Analysis Today: Technical and Order Flow !In this video I will be sharing my USDJPY analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
USDJPY 4HUSDJPY Analysis
Continuing the previous analysis
Although the main trend remains bearish with targets at 138.70, 136.15, and potentially lower,
a temporary bullish correction is expected.
Short-term bullish targets:
◾ 144.76
◾ 146.87
With a lower probability:
◾ 148.24
Japanese Yen Short-term Outlook: USD/JPY Breakout ahead of NFPThe U.S. Dollar plunged more nearly 12% off the yearly high against the Japanese Yen with USD/JPY rebounding off support at last week near the 2024 low.
Initial resistance now in view at the 100% extension of the recent advance at 146.11 and is backed by the 38.2% retracement at 147.14- both levels of interest for possible topside exhaustion / price inflection IF reached. Broader bearish invalidation is eyed at the 1.6185% extension / 2022 weekly high close at 148.67/73.
Ultimately, a break / daily close below 140.25 is needed to mark downtrend resumption with the subsequent support seen at the March high-day close (HDC) / March high at 137.35/91 and the 78.6% retracement at 134.65.
From a trading standpoint, rallies would need to be limited to 147.14 IF price is heading lower on this stretch with a close below 140.25 needed to fuel the next leg of the decline.
-MB
USD/JPY Bulls Charging: Can 144.88 Launch the Next Rally?Hello,
USD/JPY: Bulls Charging Up — Bigger Upside in Sight!
Current View:
USD/JPY bounced strongly from 140.00 and bulls are aiming for a bigger breakout. Momentum is building, and if key support levels hold, we could see much higher prices soon.
🔥 Why We’re Bullish:
Strong rebound from 140.00 support.
Price pushing against the 144.00 resistance and 38.2% Fibonacci retracement.
A break above 144.00 would unlock bigger upside potential.
Fundamentals (U.S. growth + possible BOJ disappointment) favor USD strength.
📈 Bullish Roadmap:
Level Action Next Target
144.00 Breakout and hold needed Move toward 144.881
144.881 (Important) If it holds as support, bullish continuation Rally towards 1M Pivot @ 149.266
149.266 If it holds as support, next move higher Push towards 1Y Pivot @ 152.9069
150.39–152.573 (Caution) 1M resistance zone — watch for possible pullbacks
If cleared: Full bullish extension Aim for Final Target: 155.135
🗓 Events to Watch:
BOJ Policy Meeting → Potential for yen weakness if BOJ disappoints.
U.S. GDP + Non-Farm Payrolls → Could boost USD strength.
⚡ Quick Visual Flow:
➡️ Break above 144.00 ➡️ Hold 144.881 as support ➡️ Target 149.266 ➡️ Break through resistance at 150.39–152.573 ➡️ Target 152.9069 ➡️ Final goal: 155.135
⚠️ Key Cautions:
150.39–152.573 is a major resistance area; expect possible profit-taking or heavy battles here.
If 144.881 fails to hold, short-term pullbacks to 140.00 could reappear — manage stops accordingly.
TL;DR:
✅ Bulls are strong.
✅ Watch 144.00 breakout and 144.881 support hold for bigger upside.
✅ Long-term targets: 149.266 → 152.9069 → 155.135, if major resistance breaks cleanly.
⚡ Stay updated on BOJ and U.S. data for confirmation!
The Support and Resistance outlined in green and red are the respective support/resistance for this pair currently for 1M-1Y timeframes!
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
USDJPY | Testing Supply & Trendline Resistance at 145.40USDJPY 4H Analysis
Price has rallied back into a confluence zone:
• Descending trendline resistance
• Key supply zone around 145.40
This area has rejected price multiple times in the past. I’m watching closely for:
Bearish Setup:
• Rejection candle or wick above 145.40
• Entry on confirmation below zone
• Target 143.20–141.50
Bullish Breakout Scenario:
• Clean close above trendline + 145.50
• Retest of broken structure
• Target: 147.80+
RSI and momentum tools will help confirm the move.
