USDJPY /BETWEEN FVG AREA / 4H

USDJPY / 4H TIME FRAME

HELLO TRADERS

The price is attempting to reach a Fair Value Gap (FVG) between 150.961 and 152.784. This suggests the price is in a critical area that could lead to potential buying or selling opportunities.

There’s a possibility of the price retesting 148.340 before starting to rise. This indicates that the author believes the price might dip before moving upwards.

The statement notes that the overall price is under bearish pressure, meaning there is a downward trend. The reference to remaining below the FVG indicates a struggle for the price to rise past this zone.

If the price does not break above the FVG, the analysis suggests it may decline further, targeting the FVG between 148.340 and 146.430. This is interpreted as a confirmation of a downtrend.

To confirm a downtrend, the price must break below the current FVG, aiming for a secondary FVG between 145.291 and 144.379. This indicates a bearish outlook if these levels are breached.

UPWARD FVG : 150.961 and 152.784.
DOWNWARD FVG : 148.340 and 146.430 , 145.291 and 144.379.