📊 EUR/JPY – Channel Breakout (H1)
✅EUR/JPY has broken below its rising channel structure after a clear rejection from the upper key supply zone. Price respected the ascending channel for multiple sessions, forming higher highs and higher lows — until momentum began to weaken near resistance.
✅The recent rejection from the marked supply area signals strong seller presence. The breakdown below the channel support suggests a potential shift from bullish continuation to corrective or bearish expansion.
✅As long as price remains below the broken channel and fails to reclaim the supply zone, the downside scenario remains valid.
✅The first downside target sits at the nearby key support zone. If bearish pressure increases, price could extend toward the lower psychological levels marked on the chart.
✅A strong reclaim above the supply zone would invalidate the bearish outlook.
🎯 Trading Perspective
Bias: Bearish below broken channel
Structure: Uptrend → Rejection → Breakdown
Targets: First key support → Lower psychological zone
Invalidation: Strong close back above supply
Patience and confirmation are critical — avoid entering without structure validation.
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⚠️ Disclaimer: This analysis is for educational purposes only.
✅EUR/JPY has broken below its rising channel structure after a clear rejection from the upper key supply zone. Price respected the ascending channel for multiple sessions, forming higher highs and higher lows — until momentum began to weaken near resistance.
✅The recent rejection from the marked supply area signals strong seller presence. The breakdown below the channel support suggests a potential shift from bullish continuation to corrective or bearish expansion.
✅As long as price remains below the broken channel and fails to reclaim the supply zone, the downside scenario remains valid.
✅The first downside target sits at the nearby key support zone. If bearish pressure increases, price could extend toward the lower psychological levels marked on the chart.
✅A strong reclaim above the supply zone would invalidate the bearish outlook.
🎯 Trading Perspective
Bias: Bearish below broken channel
Structure: Uptrend → Rejection → Breakdown
Targets: First key support → Lower psychological zone
Invalidation: Strong close back above supply
Patience and confirmation are critical — avoid entering without structure validation.
✅ Support this analysis with a
LIKE 👍 | COMMENT 💬 | FOLLOW 🔔
It helps a lot & keeps the ideas coming!
⚠️ Disclaimer: This analysis is for educational purposes only.
Trade attivo
Trade chiuso: obiettivo raggiunto
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Contact Me @ t.me/Alphatrading_admin 📍📍
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Telegram Channel Link -
t.me/AM_Alpha_Trading
Contact Me @ t.me/Alphatrading_admin 📍📍
t.me/AM_Alpha_Trading
Contact Me @ t.me/Alphatrading_admin 📍📍
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.