USD/JPY H4 Possible Breakdown – Bearish Momentum Building!
USD/JPY possible break below key support on the H4 timeframe, signaling potential bearish momentum. Price action shows a clean rejection at resistance, followed by a strong bearish candle confirming the breakout.
Key Levels:
🔸 Support turned resistance at 149.270
Trade Plan:
🔻 Short below 149.040
🎯 Target 1: 147.190
🛑 SL above 149.630
Key Levels:
🔸 Support turned resistance at 149.270
Trade Plan:
🔻 Short below 149.040
🎯 Target 1: 147.190
🛑 SL above 149.630
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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.
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.