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.
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Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.