USDJPY / UNDER DOWNWARD PRESSURE / 4HUSDJPY / 4H TIME FRAME
HELLO TRADERS
Accumulation Phase, After breaking out of a straight channel, the price of USD/JPY has entered an accumulation zone, meaning it’s trading in a range without a clear trend. The range is defined between 150.350 and 147.152 .
Range Breakout ,The direction of the next major move will be determined by whether the price breaks above 150.350 or below 147.152. Breaking out of this range on either side will signal the market’s direction.
Downward Pressure , The overall sentiment seems bearish, indicating the price is trading under downward pressure. However, it is still within an accumulation phase.
Fair Value Gap (FVG), The analysis suggests that the price might try to move towards the FVG, located between 150.979 and 152.746, before any potential decline. If the price breaks through this FVG zone, it will confirm an upward trend
Demand Zone, There’s a key demand zone between 146.786 and 145.982. If this zone is broken, it will confirm a downtrend and likely signal further bearish movement.
FVG : 150.979 and 152.746.
Demand Zone : 146.786 and 145.982.
Accumulation Zone : 150.350 and 147.152.