USDJPY Entered short at 146.183 targeting the full retracement to 145.602 — aligned with 0% Fib and -27% extension.🔍 Price rejected between the 78.6–88.6% Fib zone after a corrective pullback and tapped right into EMA confluence on the 1H — a classic bearish continuation zone in low-volume sessions.
🎯 Expectancy:
• SL: 146.465 (above key fib + structure)
• TP: 145.602 = 2:1+ R:R
• Targeting the liquidity resting below the 145.800 lows, with momentum likely building into NY session.
🔑 Watching for:
• 15M/1H bearish engulfing confirmation
• EMA crossover
• Volume pickup post-Asia/pre-London for full move completion
