USDJPY Supply Zone Rejection & Bearish Retracement

avatar
· Views 2,983

#USD/JPY# USDJPY Supply Zone Rejection & Bearish Retracement

USDJPY Supply Zone Rejection & Bearish Retracement

SELL ENTRY: 158.419

STOP LOSS: 158.961

FIRST TARGET / PARTIAL: 157.917

FINAL TAKE PROFIT: 157.756

RISK-TO-REWARD: 1:1.22

MARKET STRUCTURE & ANALYSIS

USDJPY has recently experienced a strong bullish impulse, pushing price into a significant resistance/supply region.

However, the reaction around 158.419 suggests that buyers may be losing momentum as price encounters potential selling pressure.

This setup looks for a bearish retracement following the recent upward expansion.

WHY THIS SELL SETUP?

Resistance / Supply Zone

Price has entered the highlighted supply region, where sellers may attempt to regain control.

Potential Rejection

The reaction around the entry area creates an opportunity to look for bearish confirmation.

Previous Support Target

The 157.917 level is an important intermediate objective and the first area where partial profits can be secured.

Extended Downside Target

If selling pressure continues, 157.756 becomes the final profit objective.

TRADE MANAGEMENT

Secure partial profits around 157.917.

Manage the remaining position toward 157.756.

Respect the stop loss at 158.961.

免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

  • tradingContest