🔍 Analysis Summary:
USDJPY has failed to close above 146.1 on the weekly for the past 13 candles, showing clear signs of price exhaustion at this level. Price has also tapped into a marked 8HR bearish order block and printed a Daily Pin Bar — a strong reversal signal indicating potential downside.
📍Key Technicals:
• Resistance Holding: 146.1–146.6 zone
• Bearish Rejection: Pin Bar off resistance + order block
• Risk Area (Stop Zone): Above 147.16
• Target Zones: 144.2 (interim) → 142.4 (swing level)
🛠 Confluence:
• Order block rejection
• Multi-week resistance
• Clean structure with defined R:R
• Bearish candlestick confirmation
📊 Timeframe: 8HR
📉 Bias: Short
🔐 Risk Management: Proper stop loss in place above structure. Use personal risk limits.
⸻
⚠️ Disclaimer:
This setup is for educational and informational purposes only. It is not financial advice or a recommendation to trade. Always conduct your own analysis and use risk management based on your personal trading plan.
USDJPY has failed to close above 146.1 on the weekly for the past 13 candles, showing clear signs of price exhaustion at this level. Price has also tapped into a marked 8HR bearish order block and printed a Daily Pin Bar — a strong reversal signal indicating potential downside.
📍Key Technicals:
• Resistance Holding: 146.1–146.6 zone
• Bearish Rejection: Pin Bar off resistance + order block
• Risk Area (Stop Zone): Above 147.16
• Target Zones: 144.2 (interim) → 142.4 (swing level)
🛠 Confluence:
• Order block rejection
• Multi-week resistance
• Clean structure with defined R:R
• Bearish candlestick confirmation
📊 Timeframe: 8HR
📉 Bias: Short
🔐 Risk Management: Proper stop loss in place above structure. Use personal risk limits.
⸻
⚠️ Disclaimer:
This setup is for educational and informational purposes only. It is not financial advice or a recommendation to trade. Always conduct your own analysis and use risk management based on your personal trading plan.
Operación activa
Today(Friday 7/11), I’m looking for a candle close beneath the black line in the short position as confirmation. Operación cerrada: precio stop alcanzado
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
