USD/JPY...1h chart pattern..Here's a quick summary of MY USD/JPY trade setup:
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Trade Idea: SELL USD/JPY @ 144.000
Entry Point: 144.000
Target 1 (TP1): 143.400 → +60 pips
Target 2 (TP2): 142.400 → +160 pips
Suggestions:
Stop Loss (SL): Consider setting a stop loss above recent resistance (e.g., 144.500 or 144.800) to manage risk.
Risk/Reward Ratio:
For TP1: 1:1 with SL @ 144.600
For TP2: ~2.6:1 with SL @ 144.600
Key Technical Zones:
Watch for support near 143.400 (TP1); possible bounce or consolidation.
142.400 is a deeper move — stronger confirmation needed (e.g., a break below 143.400 with volume).
Let me know if you’d like a chart analysis or updates on news that could impact this trade.
USDJPY trade ideas
USD/JPY – Short-term bullish structure within a larger downtrendThe USD/JPY pair has been in a well-established downtrend on the daily timeframe, showing consistent weakness over recent weeks.
Daily timeframe
The pair recently bounced from a significant and well-respected support zone around the $140.00 level. This area has historically provided a strong base for price, and once again, it appears to be holding as reliable support. Although the overall daily trend remains bearish, this bounce introduces the potential for a short-term retracement or consolidation phase.
Clear Rising Trendline on the 4H Chart
Zooming into the 4-hour timeframe, the price action shows a notable shift in momentum. A clear rising trendline has formed, acting as a dynamic support level and guiding the pair higher in the short term. As long as this trendline remains intact and unbroken, the bullish bias on the 4H remains valid. This upward move suggests a corrective phase within the broader daily downtrend, supported by increasing demand at higher lows.
Approaching Key Resistance — FVG and 0.786 Fibonacci Level
The pair is currently approaching a key resistance area near the $145.50 level. This zone aligns with the 4-hour Fair Value Gap (FVG) left by the previous strong downward move and coincides with the 0.786 Fibonacci retracement level, measured from the most recent swing high to swing low. A few days ago, price action briefly tested the lower boundary of this FVG but failed to fully fill the imbalance. Given the current momentum, another attempt to fill the entire FVG and test the 0.786 Fibonacci level is likely. This confluence of technical factors creates a strong resistance zone that could trigger significant price reactions, potentially resuming the broader downtrend.
Target Levels — Where to Look for Reversal or Profit-Taking
A sensible short-term target would be the previous lower high around the $144.00 level. This zone may serve as an initial resistance or take-profit area before price challenges the $145.50 resistance region. Additionally, if the pair breaks below the rising trendline on the 4H, this $144.00 zone could become a support level from which the pair might attempt another move higher.
Conclusion
To summarize, the USD/JPY pair remains in a broader daily downtrend but has shown signs of short-term strength after bouncing from the $140.00 support zone. On the 4-hour timeframe, bullish momentum is evident, supported by a rising trendline and upward movement toward a significant resistance area. Traders should closely watch the $145.50 zone, as it represents a confluence of the FVG and 0.786 Fibonacci retracement — both of which could act as a strong ceiling for price. Until the rising trendline breaks, the short-term outlook remains cautiously bullish, but the medium-term bias leans bearish if resistance holds and selling pressure resumes.
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Analysis of Trades and Trading Tips for the Japanese YenThe price test at 144.27 occurred when the RSI indicator had already moved significantly above the zero line, but the strong U.S. labor market data offered a high probability of the dollar strengthening against the yen, which I decided to take advantage of. As a result, the pair rose toward the target level of 145.06.
The confident growth in U.S. non-farm employment recorded in May exceeded experts' expectations' causing noticeable fluctuations in currency, markets. The publications of data showing the creation of 139,7000 new jobs versus the forecasted 127,000 instantly strengthened the U.S. dollar, putting pressure on the Japanese yen. The yen's reaction to the news was immediate: the currency weakened significantly against the dollar. Investors perceived the data as a signal of the strength of the U.S. economy and the likely continuation of Federal Reserve's tight monetary policy. Furthermore, the stable unemployment rate in the U.S. recorded at 4.2%, also reinforced the market's optimistic sentiment.
Today's data shows that Japan's GDP for the first quarter was revised upward, which helped the yen recover slightly from Friday's losses against the U.S. dollar. However, despite the positive revision, Japan's economy still faces serious challenges. Weak domestic demand and an aging population continue to pressure growth, while geopolitical uncertainty poses additional obstacles. The Bank of Japan maintains a wait-and-see approach and has no plans to raise interest rates for now, which had previously provided good support to the the yen. Strong growth in bank lending also contributed to increased demand for the yen.
USDJPY Poised for a BreakoutUSDJPY Poised for a Breakout
On the 4-hour chart, USDJPY is not yet taking a clear direction. The price is showing the possibility of both movements.
With the current data we can see that USDJPY is forming a triangle pattern and only the breakdown up or down will show the direction of the price.
However, I think the chances are higher for the bullish movement considering that the geopolitical tension in the Middle East is also very high and the USD remains one of the strongest currencies.
Bullish target: 147.90
Bearish target: 140.90
⚠️ Note: If the pattern transforms more than this triangle, then we may be in a different situation and everything may be invalid. The analysis may change over time.
You may find more details in the chart!
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USD/JPY) Bearish trend analysis Read The ChaptianSMC trading point update
Technical analysis iUSD/JPY on the 30-minute timeframe, showing a rejection from resistance zones and a potential move toward lower support levels.
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Analysis Breakdown
Technical Components:
1. Resistance Zones:
Primary Resistance: Near 145.500 (upper yellow box), which has previously been rejected multiple times (red arrows).
FVG (Fair Value Gap) Resistance Level: Around 144.400, also acting as strong resistance, especially near the EMA 200.
2. Downtrend Line:
The price is moving below a downward trendline, respecting bearish structure.
Last rejection from both the trendline and FVG zone confirms selling pressure.
3. EMA 200 (144.075):
Price is hovering around this level, showing indecision.
Bearish bias remains unless price breaks and holds above it.
4. Target Zone:
A clearly marked support level around 142.543, shown as the bearish target.
Includes multiple event markers (potential news catalysts or key dates), suggesting added volatility.
5. RSI (14):
Currently near 55.23, with a prior rejection from higher RSI levels.
Bearish divergence not clear, but no overbought conditions.
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Bearish Idea Summary:
Thesis: Rejection from resistance zones + trendline + EMA suggests continuation to downside.
Expecting: Price to either:
Retest the upper resistance zone (around 145.000–145.500) and reject again, or
Break below current levels and continue lower toward 142.543.
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Trade Idea Concept:
Entry Option 1: Sell on confirmed rejection from FVG zone or upper resistance.
Entry Option 2: Sell on break and retest below 144.000.
Target: 142.543 (support zone).
Stop Loss: Above the resistance zone or trendline (e.g., >145.600).
Mr SMC Trading point
Risks to Watch:
Invalidation: Clean break and close above 145.500 would invalidate the bearish setup.
News Impact: Note the icons near the target zone – monitor economic releases around that time.
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USDJPY: Intraday Bearish ConfirmationIn the middle of last week, I spotted a valid confirmed structure breakout on 📉USDJPY on a 4-hour timeframe.
Currently, the pair is retesting the broken structure, and the price has formed a strong bearish confirmation on the hourly chart.
I see a double top pattern and a violation of its neckline.
With high probability, the price will fall and reach the 144.02 level.
USD/JPY - Triangle Breakout (06.06.2025)The USD/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 144.94
2nd Resistance – 145.52
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Usdjpy|| — the next move could be explosiveUSD/JPY
Timeframe: 2H
Strategy: Elliott Wave + Triangle Pattern + Fair Value Gap (FvG)
Formation: Contracting Triangle – Wave (a) to (e)
Risk-Reward: High Conviction Setup
Status: On the verge of breakout
🔍 Technical Breakdown:
The chart shows a classic contracting triangle pattern with completed internal waves (a)-(b)-(c)-(d)-(e).
Price is reacting near wave (e), signaling a potential bullish breakout.
A clean Fair Value Gap (FvG) zone lies just below current price — possible last dip before the breakout surge.
Target zone = 148.874, derived from the triangle's height projected from breakout point.
Strong confluence with liquidity hunt below before expansion move.
🎯 Target: 148.874
🛑 Stop Loss: Below 142.738 (SI Level / structural low)
🟢 Entry Trigger: Breakout above trendline + retest confirmation or Smart Money entry at FvG
This setup aligns with Elliott Wave triangle theory, often seen before sharp impulse waves. Smart Money is likely filling orders in the FvG zone before the upward expansion.
USDJPY – 4H . [[ TRIANGLE PATTERN ]]Technical Breakdown:
Symmetrical triangle pattern clearly formed with clean ABCDE wave structure.
The price has broken out from the upper resistance (trendline), confirming a bullish breakout scenario.
Next key area to watch is the supply zone near 145.800 – 146.200, where price may either:
Face resistance and retrace,
Or break through for continuation.
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🔍 Key Levels:
Support Base (Retest zone): ~143.000
Breakout Entry Trigger: Above 144.200
Supply Zone Target: 145.800 – 146.200
Invalidation Level (Break Below Triangle): <142.500
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🧠 Analysis Insight:
This is a classic triangle consolidation breakout, with price respecting both ascending and descending boundaries before thrusting upward.
Look for possible pullback retest entries before continuation to the supply zone.
Volume and momentum confirmation on breakout is key for sustainability.
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🎯 Strategy Note:
Use low-risk entry setups on breakout retest.
Ideal for scalp to swing trades, with strong risk-reward structure.
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.
USD/JPY) bearish Technical Analysis Read The captionSMC trading point update
Technical analysis of USD/JPY (U.S. Dollar vs. Japanese Yen) on the 4-hour timeframe. Here's a breakdown of the analysis:
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Trend & Price Action
The chart shows a descending trendline connecting recent lower highs, indicating a downtrend.
Current price: 143.548
Price has recently rejected off the trendline and started to fall, suggesting continued bearish momentum.
A red arrow marks the rejection point, emphasizing a key resistance area.
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Technical Indicators
EMA 200 (Exponential Moving Average): At 144.459 — the price is currently below the EMA, reinforcing the bearish outlook.
RSI (Relative Strength Index):
RSI (14) values: around 35.45, which is near the oversold threshold (30) but not quite there yet.
Indicates increasing bearish momentum but no reversal signal yet.
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Support Levels Identified
1. Support Level (Target 1): ~142.280
First target point for bears. Likely to see some reaction or consolidation here.
2. Big Support Level (Target 2): ~140.382
A stronger, more significant support zone and a deeper bearish target if the first support breaks.
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Bearish Target Scenario
The projected path (in black lines) suggests:
A further drop into the 142.280 zone.
If that breaks, a continuation toward the 140.382 level.
This suggests a swing trade setup favoring short positions if the price respects the current rejection zone.
Mr SMC Trading point
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Conclusion
Bias: Bearish
Resistance Confirmed: Rejection from descending trendline and below EMA200.
Bearish Targets:
Short-term: 142.280
Medium-term: 140.382
Risk Management: Watch RSI for potential bullish divergence near the second support zone, which could indicate reversal or consolidation.
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DeGRAM | USDJPY retesting the resistance level📊 Technical Analysis
● Four consecutive higher-lows off 140.9 have carved a rising flag that presses the channel roof (144.8); flag depth projects to the April swing-top/ Fib cluster at 147.8 once 145 is cleared.
● Daily RSI holds above 50 and price is now trading back above the broken wedge-cap (142.9), confirming it as demand and tilting risk toward the 150.9 macro ceiling.
💡 Fundamental Analysis
● US 2-yr yields stay >4.70 % after solid ISM-services prices, while BoJ minutes show members preferring “patient” normalisation; the widening policy gap keeps yen funding pressure intact.
✨ Summary
Long 142.9-144.0; break of 145 targets 147.8, stretch 150.9. Bull view invalidated on a daily close below 140.9.
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USDJPY COT and Liquidity AnalysisHey what up traders welcome to the COT data and Liquidity report. It's always good to go with those who move the market here is what I see in their cards. I share my COT - order flow views every weekend.
🎯 Non Commercials added significant longs and closed shorts at the same time. So for that reason I see the highs as a liquidity for their longs profits taking.
📍Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again we as retail traders have disadvantage, but there is possibility to read between the lines. Remember in the report is what they want you to see, that's why mostly price reverse on Wednesday after the report so their cards are hidden as long as possible. However if the trend is running you can read it and use for your advantage.
💊 Tip
if the level has confluence with the high volume on COT it can be strong support / Resistance.
👍 Hit like if you find this analysis helpful, and don't hesitate to comment with your opinions, charts or any questions.
Analysis done on the Tradenation Charts
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
— David Perk aka Dave FX Hunter ⚔️
USDJPY 1W tf forecast until August 2025 Current midterm bias is bullish. 150,64 and 142,78 are extreme levels to be respected by the price action. One more week of red week of sideways movement will actually form a reversal pattern followed by a strong upward spike. A powerful breakout to 148,27 is to be retested at 145,34 - healthy retest. July will show an organic growth topping at 149.66 in the beginning of August 2025
Re-defining Trading Psychology: A Functional ApproachRethinking Trading Psychology: A Functional Definition
Trading psychology is often misunderstood or overly simplified in trading discourse. Psychology, by definition, is the scientific study of the mind and behavior. When applied to trading, trading psychology should be defined as the study of how our mental processes directly influence market structure through behavior—specifically through the act of placing trades.
The Facts: How Humans Influence the Market
Traders interact with the market in only a few meaningful ways:
Placing entries
Setting stop losses
Setting take-profit (target) levels
Though external variables such as news events can impact decision-making, they only affect where we choose to interact with the market—they do not directly move price. Price only responds to order flow , and all order flow originates from trader decisions. Therefore, these three actions—entries, stops, and targets—are the only real mechanisms through which psychology influences price action.
Entry: The Initiator of Market Movement
Entries are typically based on structural cues like engulfing candles or order blocks —price zones where a shift in momentum is visible. These areas act as high-probability triggers that prompt traders to take action in a particular direction.
When enough buy orders are placed at a bullish signal, we see that reflected in the strength and size of bullish candles. Conversely, strong bearish signals generate concentrated sell-side pressure. This collective order flow initiates price movement—entries are the impulse drivers of the market.
Stop Losses: The Creation of Liquidity Pools
Once a position is opened, traders generally place stop losses behind significant structure—often just beyond the order block or engulfing pattern that prompted the entry. These zones become liquidity pools —clusters of pending orders that, when triggered, cause mass exits and reallocation of capital.
When price returns to these zones, it forces traders out of the market, often resulting in sharp movements or false breakouts. This behavior is not coincidental; it is a byproduct of shared psychological behavior manifesting as clustered risk management.
Take-Profits: Delayed Exit Pressure
Alongside stop losses, traders also define target levels where they plan to close their trades. These levels can be calculated based on fixed R-multiples (2R, 3R, etc.) or drawn from contextual zones like previous highs/lows or supply and demand areas.
As price moves into profit and hits these levels, traders begin to exit en masse. This diminishes order flow in the direction of the trade, often leading to hesitation or minor reversals—much like stop losses do when they are hit.
Conclusion: Market Movement vs. Market Stalling
To summarize:
Entries drive market movement
Stop losses and target levels stall or reverse movement
This dynamic defines how human behavior—guided by psychological patterns—actually shapes price. In this framework, engulfments represent entry logic , while liquidity zones represent collective exit logic .
Redefining Trading Psychology
Contrary to popular belief, trading psychology isn’t just about “staying disciplined” or “keeping emotions in check.” While emotional control matters, it’s secondary to understanding how trader behavior creates cause-and-effect loops in price action.
Having a trading plan is important—but deviating from that plan is not always due to emotion alone. It can stem from overconfidence, impulsivity, cognitive bias, or poor conditioning. These are psychological behaviors that affect execution, and thus, affect market movement.
What’s Next
In my next writing, I will explore how the sheer volume of market participants leads to herding behavior —the collective patterns that emerge from mass psychology and their role in creating consolidation zones, liquidity traps, and false breakouts.
USDJPY has breakout the descending channel bullish strong nowFX:USDJPY Alert – Bullish Breakout in Play!
1H Timeframe | Descending Channel Breakout
📈 Entry: 144.300
🎯 Target 1: 146.000 (Key Resistance)
🛡️ Stop Loss: 142.700 (Demand Zone / Bullish OB)
After a clean breakout above the descending channel, USDJPY is showing strong bullish momentum. Price action confirms a potential move toward the next resistance level.
🔍 Technicals are lining up. Risk managed. Eyes on the prize.
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#USDJPY #ForexTrading #BreakoutSetup #TechnicalAnalysis #LiviaTrades 😜📉📈
USDJPY Technical Brief: Structure Points Lower
💴 USDJPY: Structure suggests further downside
The upward movement from April 22 to May 12 appears to be corrective — I label it as a double zigzag.
The segment from May 12 to May 27, on the other hand, is highly likely to be an impulse.
After that, the price moved into a range, the boundaries of which are gradually narrowing. This gives reason to assume the formation of a contracting triangle (cT).
If this scenario plays out, we may see:
🔸 a break of the 142.108 low
🔸 a drop toward the 139.883 zone
🔸 an overall potential decline within the 140.8–138.0 range
📎 Link to my long-term FX:USDJPY OANDA:USDJPY FOREXCOM:USDJPY scenario:
USDJPY| Bull vs Bear at Key ZoneUpdated the chart and noticed both bullish and bearish order blocks near current price — classic tug-of-war setup, and USDJPY does this often.
Structure is still developing, and the direction will be confirmed through how price reacts on the entry timeframes. Whichever side mitigates first with intent gives the trade.
Until then, it’s observation mode — watching closely and letting price reveal the path.
— Inducement King 👑
Bless Trading!
USD/JPY Technical Analysis – Wave 5 Upside Target at 144.67USD/JPY is currently consolidating around the 144.00 level, suggesting the end of wave 4 within a 5-wave impulsive structure. Price action indicates potential for wave 5 to begin, with a projected target near 144.67.
Wave 1 to 3 appears clean and impulsive, with wave 3 extending strongly — a common trait in trending markets.
Wave 4 seems to be forming a flat or shallow zigzag correction, respecting typical retracement territory (between 23.6%–38.2% of wave 3).
If wave 4 holds above 143.80 (your stop), this level serves as the ideal invalidator for the current bullish structure.
Wave 5 would likely aim for 144.67, aligning with the 100% or 123.6% Fibonacci extension of wave 1, projected from wave 4's bottom.
Momentum indicators on lower timeframes are stabilizing, supporting the idea that downside pressure is waning and that the next leg higher may be imminent.
A break above 144.20–144.30 could confirm the wave 5 initiation. As long as price holds above 143.80, the risk-reward remains favorable toward the upside.