USD/JPY Technical Analysis (4H Chart)
Resistance Rejection at 151.50
- The price tested the 151.50 resistance zone but failed to break through, leading to a potential bearish rejection.
- The red zone highlights a strong supply area, where selling pressure has historically increased.
Possible Bearish Move
- If the price continues to reject resistance, we could see a drop towards the 148.80 and 147.40 support levels.
- A confirmed bearish candlestick pattern in this zone could strengthen the case for a short position.
Breakout Scenario
- If bulls manage to push the price above 151.50, we may see a continuation towards new highs.
- A daily close above this level would invalidate the bearish outlook and suggest further upside potential.
Key Levels to Watch
- Resistance: 151.50
- Support Levels: 148.80, 147.40
📌 Watch for price action confirmation before taking any trade decisions!
If you enjoy, press the like button.
Resistance Rejection at 151.50
- The price tested the 151.50 resistance zone but failed to break through, leading to a potential bearish rejection.
- The red zone highlights a strong supply area, where selling pressure has historically increased.
Possible Bearish Move
- If the price continues to reject resistance, we could see a drop towards the 148.80 and 147.40 support levels.
- A confirmed bearish candlestick pattern in this zone could strengthen the case for a short position.
Breakout Scenario
- If bulls manage to push the price above 151.50, we may see a continuation towards new highs.
- A daily close above this level would invalidate the bearish outlook and suggest further upside potential.
Key Levels to Watch
- Resistance: 151.50
- Support Levels: 148.80, 147.40
📌 Watch for price action confirmation before taking any trade decisions!
If you enjoy, press the like button.
交易進行
註釋
註釋
Once again i took a trade from 150.900 , this is resistance level ,target or 100 pips+ achieved.
交易結束：目標達成
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