USDJPY has touched the long-term descending trendline, and once again the market respected it perfectly.
Every time price comes near this trendline, sellers become active — showing this is a strong rejection zone that the market is still following.
This latest touch also created a sharp selloff, confirming the trendline’s strength.
✨ My View
As long as price stays below this descending trendline, my expectation remains bearish.
The market usually extends toward the next liquidity area once a strong rejection happens from such a major structure.
Based on the chart setup, my expectation level is:
🎯 154.700
This is the next natural support zone below current price, and the arrows on the chart reflect the typical flow after a trendline rejection.
The whole idea is very simple:
trendline touch → rejection → continuation down.
📘 Disclaimer
This is only my personal market approach, not financial advice.
Every time price comes near this trendline, sellers become active — showing this is a strong rejection zone that the market is still following.
This latest touch also created a sharp selloff, confirming the trendline’s strength.
✨ My View
As long as price stays below this descending trendline, my expectation remains bearish.
The market usually extends toward the next liquidity area once a strong rejection happens from such a major structure.
Based on the chart setup, my expectation level is:
🎯 154.700
This is the next natural support zone below current price, and the arrows on the chart reflect the typical flow after a trendline rejection.
The whole idea is very simple:
trendline touch → rejection → continuation down.
📘 Disclaimer
This is only my personal market approach, not financial advice.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.