USDJPY has printed an aggressive bullish expansion into a higher-timeframe resistance area, but price is now approaching a zone where upside momentum may begin to fade.
The highlighted entry zone represents an area where sellers could become active following the recent impulsive move. A rejection from this region may trigger a corrective decline back into previous support levels.
Rather than chasing the rally, I'm monitoring price action for bearish confirmation within the marked supply area before considering any downside continuation.
🎯 Bearish Targets
✅ Target 1: 158.531
✅ Target 2: 158.342
✅ Target 3: 158.003
📌 Key Observation
🔹 Price has expanded significantly away from equilibrium.
🔹 Resistance zone remains overhead.
🔹 A rejection could open the door for a retracement into lower liquidity levels.
Note: This is an educational market view based on current structure and resistance reaction. Always wait for confirmation and manage risk appropriately.
Penafian: Pandangan yang dinyatakan adalah semata-mata dari pengarang dan tidak mewakili kedudukan rasmi Followme. Followme tidak bertanggungjawab ke atas ketepatan, kesempurnaan, atau kebolehpercayaan maklumat yang diberikan dan tidak bertanggungjawab untuk sebarang tindakan yang diambil berdasarkan kandungan, melainkan dinyatakan secara bertulis secara jelas.
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