USD/JPY) demand and supply analysis ); Read The Chaptian

4月13日

SMC Trading point update



shows a bearish setup for USD/JPY on the 1-hour timeframe. Here’s a breakdown


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1. Trend Context:

Downtrend: The pair is clearly in a bearish channel, forming lower highs and lower lows.

200 EMA (~146.297) is above price and sloping down — confirms bearish bias.



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2. Key Zones Identified:

Supply Zone (~144.800–145.200): A strong area of resistance where sellers may re-enter. If price returns here, it’s a potential short setup.

Demand Zone (~142.800–143.100): A possible reaction point where short-term buyers may provide a bounce.

Target Point (~141.168): A projected target if the downtrend continues and demand zone fails.



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3. Expected Scenarios:

Primary Bearish Move:

Price may react from current levels or from the demand zone.

A pullback to the supply zone is expected before continuation downward.

Then, sell-off toward the target zone around 141.168.


Alternate Play:

Price could bounce between the demand and supply zones a bit more before breaking down.




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4. Indicators:

RSI (~46.37): Shows room to the downside before oversold, aligning with bearish momentum.

Mild bullish divergence in RSI recently, suggesting potential for a small pullback or bounce.


Mr SMC Trading point

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Summary of Idea:

This is a sell setup:

Sell entries: Ideal around the supply zone (144.8–145.2).

First target: Demand zone (~143.0)

Final target: 141.168

Invalidation: Break above 146.30 (200 EMA and channel resistance).


pales support boost 🚀 analysis follow,)

4月15日

交易進行

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4月17日

交易結束：目標達成

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