USD/JPY Drops as Predicted – A Perfect Sell Setup Unfolds!
USD/JPY Analysis Recap: Perfect Execution on the Sell Setup
In my previous analysis, I highlighted a bearish outlook for USD/JPY, anticipating a strong rejection from the 154.122–154.576 resistance zone. As expected, price respected this level and reversed sharply, confirming our sell bias.
Key confirmations for the move:
✅ Break of Structure – Price broke below key support, signaling a shift in momentum.
✅ Retest & Rejection – USD/JPY retested the broken support as resistance before continuing downward.
✅ Bearish Momentum – A strong sell-off followed, pushing the pair into our target zone around 151.236–150.000.
This trade played out exactly as projected, demonstrating the power of technical analysis and patience in executing high-probability setups. Looking ahead, I’ll be watching how price reacts at the 151.236 demand zone for potential next moves.
Let me know if you’d like any adjustments or additions!
In my previous analysis, I highlighted a bearish outlook for USD/JPY, anticipating a strong rejection from the 154.122–154.576 resistance zone. As expected, price respected this level and reversed sharply, confirming our sell bias.
Key confirmations for the move:
✅ Break of Structure – Price broke below key support, signaling a shift in momentum.
✅ Retest & Rejection – USD/JPY retested the broken support as resistance before continuing downward.
✅ Bearish Momentum – A strong sell-off followed, pushing the pair into our target zone around 151.236–150.000.
This trade played out exactly as projected, demonstrating the power of technical analysis and patience in executing high-probability setups. Looking ahead, I’ll be watching how price reacts at the 151.236 demand zone for potential next moves.
Let me know if you’d like any adjustments or additions!
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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.
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.