USD/JPY – Trendline Break & Bearish Pressure Building (Read Cap)
USD/JPY is currently at the top of its uptrend, but price action has entered a range-bound consolidation. On the lower timeframe, we can see a clear breakdown of the bullish trendline, confirmed by a strong bearish candle.
USDJPY
Price is now approaching the 200 EMA, which aligns with the first demand zone. This zone may act as temporary support, but if price breaks below, further downside is likely.
🧾 Volume is increasing on the sell side, suggesting sellers are gaining control and momentum is shifting bearish.
🔻 Technical Targets / Support Levels:
First Target: 146.10
Second Target: 142.90
As long as price remains below the broken trendline and momentum stays with the bears, the bias favors a deeper correction.
🚨 This is not financial advice. Use proper risk management in all trading decisions.
💬 Like, comment, and follow for more actionable insights – your support helps us grow and stay sharp together!
USDJPY Price is now approaching the 200 EMA, which aligns with the first demand zone. This zone may act as temporary support, but if price breaks below, further downside is likely.
🧾 Volume is increasing on the sell side, suggesting sellers are gaining control and momentum is shifting bearish.
🔻 Technical Targets / Support Levels:
First Target: 146.10
Second Target: 142.90
As long as price remains below the broken trendline and momentum stays with the bears, the bias favors a deeper correction.
🚨 This is not financial advice. Use proper risk management in all trading decisions.
💬 Like, comment, and follow for more actionable insights – your support helps us grow and stay sharp together!
Trade active
After the breakdown, USD/JPY has continued to form consecutive bearish candles, confirming sustained downside pressure. Our sell trades are now activated, and we’ll patiently hold as the market moves toward our target levels.📉 Bias: Bearish
✅ Trade Activated
🎯 Next Step: Waiting for target to be hit
Stay focused and manage your position smartly — momentum is currently favoring sellers.
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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.
💲𝗙𝗢𝗥𝗘𝗫 < 𝗚𝗢𝗟𝗗 > ₿ 𝗕𝗧𝗖 || Real Trades, Real Results 🧿 || 🚨 VIP Signals {My Personal Entries} 🔗Join Telegram – Trade smarter. t.me/DollarsMagnet1
Premium Channel For Gold Trading.
t.me/iTradeDollar
Premium Channel For Gold Trading.
t.me/iTradeDollar
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.