Lingrid | USDJPY Optimal ZONE to SHORT the Market

The price perfectly fulfilled my previous idea. It hit the TP level. USDJPY is currently pulling toward the resistance zone and appears to be forming an ABC pattern upward, indicating a complex pullback. Given that the overall trend is still bearish, I anticipate that the market may move down to retest the support level. The price previously consolidated above this zone before breaking through, highlighting its significance. Therefore, I expect the market to rebound from the resistance and then retest the middle of the range zone, where we might see further reactions as traders assess the potential for continuation or reversal. My goal is support zone around 150.235

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻