Hey Traders,
In today’s trading session, we’re closely watching USDJPY for a potential selling opportunity around the 156.600 zone.
From a technical perspective, the pair remains in a clear downtrend. Price is currently in a corrective rebound, retracing toward a key trendline and support/resistance confluence near 156.600—an area that could attract renewed selling pressure if the broader bearish structure holds.
This zone is critical: rejection here would reinforce the downside bias and open the door for trend continuation lower.
Waiting for confirmation and price reaction at the level before engaging.
Trade safe,
Joe
In today’s trading session, we’re closely watching USDJPY for a potential selling opportunity around the 156.600 zone.
From a technical perspective, the pair remains in a clear downtrend. Price is currently in a corrective rebound, retracing toward a key trendline and support/resistance confluence near 156.600—an area that could attract renewed selling pressure if the broader bearish structure holds.
This zone is critical: rejection here would reinforce the downside bias and open the door for trend continuation lower.
Waiting for confirmation and price reaction at the level before engaging.
Trade safe,
Joe
Trade attivo
Decent consolidation towards the trend!
Free Telegram Group:
t.me/+0LGgMsgX9TViOGZk
The 1% Traders Club:
t.me/+dMaf68BK5c5hZDA8
t.me/+0LGgMsgX9TViOGZk
The 1% Traders Club:
t.me/+dMaf68BK5c5hZDA8
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.
Free Telegram Group:
t.me/+0LGgMsgX9TViOGZk
The 1% Traders Club:
t.me/+dMaf68BK5c5hZDA8
t.me/+0LGgMsgX9TViOGZk
The 1% Traders Club:
t.me/+dMaf68BK5c5hZDA8
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.