USD/JPY bearish move from the current price zone.

1. Price Action Analysis:

Current Price: 145.241, slightly down by 0.079 (-0.05%).

The chart shows a recent bullish move up to the 145.595 level, marked by a Break of Structure (BOS).

The price has touched a key Fibonacci retracement level (around 0.70), indicating a potential reversal zone.


2. Structure Labels:

BOS (Break of Structure): Indicates trend continuation or shifts.

ChoCH (Change of Character): Marks potential trend reversals.

These annotations suggest a trader is analyzing based on market structure theory, commonly used in smart money concepts or ICT (Inner Circle Trader) strategies.


3. Forecast:

A black arrow projects a potential bearish move from the current price zone.

The projection shows a drop toward two key demand zones:

Around 143.152

Possibly deeper toward 141.958



4. Market Sentiment:

The visual and annotations suggest the trader expects a reversal or pullback from the recent high.

This could be due to overbought conditions or price reaching a supply zone.