USDJPY | Short Setup | Resistance Confluence

172
Trade Levels
Entry: 162.495
Stop Loss: 162.938
Take Profit: 161.600
Risk:Reward: ~1:2

Technical Analysis
Price is testing a well-defined horizontal resistance.
A descending trendline is acting as dynamic resistance.
The setup forms a confluence zone, where multiple technical factors align.
Expecting sellers to defend this area and push price back toward the recent support.
Invalidation

A sustained break and close above 162.938 would invalidate the bearish setup and suggest buyers have regained control.

⚠️ This is a technical trade idea based solely on price action and market structure. Always manage your risk and wait for confirmation before entering.

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