💙 USD/JPY Resistance Rejection! SELL Setup Activated!
👩💻 Dear traders,
USD/JPY is reacting to a strong supply zone between 147.85 – 148.15. After a sharp bullish move, price is showing early signs of rejection from this area — signaling a possible short setup.
Bias – Bearish
🎯 Target – 147.20
🎯 Target – 146.90
🎯 Final Target – 146.30
🛑 Safe Stop Loss – 148.20
📊 Reasoning:
– Price tapped into a clear resistance zone
– Previous rejections seen around the same level
– Two yellow arrows indicate short-term downside path
– Bearish setup forming after exhaustion push
– High R:R potential for intraday traders
🍀 Stay patient, wait for confirmation, and trade the reaction!
👩💻 Dear traders,
USD/JPY is reacting to a strong supply zone between 147.85 – 148.15. After a sharp bullish move, price is showing early signs of rejection from this area — signaling a possible short setup.
Bias – Bearish
🎯 Target – 147.20
🎯 Target – 146.90
🎯 Final Target – 146.30
🛑 Safe Stop Loss – 148.20
📊 Reasoning:
– Price tapped into a clear resistance zone
– Previous rejections seen around the same level
– Two yellow arrows indicate short-term downside path
– Bearish setup forming after exhaustion push
– High R:R potential for intraday traders
🍀 Stay patient, wait for confirmation, and trade the reaction!
JOIN MY TELEGRAM SIGNAL ROOM 👇👇
t.me/+34ueMgSmKoM5ODc8
For Gold: 👇👇
t.me/+34ueMgSmKoM5ODc8
t.me/+34ueMgSmKoM5ODc8
For Gold: 👇👇
t.me/+34ueMgSmKoM5ODc8
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
JOIN MY TELEGRAM SIGNAL ROOM 👇👇
t.me/+34ueMgSmKoM5ODc8
For Gold: 👇👇
t.me/+34ueMgSmKoM5ODc8
t.me/+34ueMgSmKoM5ODc8
For Gold: 👇👇
t.me/+34ueMgSmKoM5ODc8
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.