USDJPY Supply Zone Rejection & Bearish Retracement

avatar
· Views 2,976

#USD/JPY# USDJPY Supply Zone Rejection & Bearish Retracement

USDJPY Supply Zone Rejection & Bearish Retracement

SELL ENTRY: 158.419

STOP LOSS: 158.961

FIRST TARGET / PARTIAL: 157.917

FINAL TAKE PROFIT: 157.756

RISK-TO-REWARD: 1:1.22

MARKET STRUCTURE & ANALYSIS

USDJPY has recently experienced a strong bullish impulse, pushing price into a significant resistance/supply region.

However, the reaction around 158.419 suggests that buyers may be losing momentum as price encounters potential selling pressure.

This setup looks for a bearish retracement following the recent upward expansion.

WHY THIS SELL SETUP?

Resistance / Supply Zone

Price has entered the highlighted supply region, where sellers may attempt to regain control.

Potential Rejection

The reaction around the entry area creates an opportunity to look for bearish confirmation.

Previous Support Target

The 157.917 level is an important intermediate objective and the first area where partial profits can be secured.

Extended Downside Target

If selling pressure continues, 157.756 becomes the final profit objective.

TRADE MANAGEMENT

Secure partial profits around 157.917.

Manage the remaining position toward 157.756.

Respect the stop loss at 158.961.

면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.

이 글이 마음에 드시나요? 작성자에게 팁을 보내 감사의 마음을 전하세요.
댓글 0

  • tradingContest