USDJPY Trend Analysis: Market Consolidation and Key Levels
Trend Analysis Summary
Market Consolidation and Key Levels:
The price has reversed and stabilized in a bearish area as long as it trades below the supply zone, which is between 158.800 and 159.100, targeting 157.975 and 157.380.
Bullish Scenario:
For a bullish trend, the price needs to stabilize above 158.800, potentially reaching 159.810. Further stability above this level would indicate an uptrend.
Bearish Scenario:
The bearish area is confirmed as long as the price trades below the supply zone, targeting 157.975. There is also the possibility of a retest up to 158.800 before resuming the bearish trend.
Key Levels:
- Pivot Line: 158.800
- Resistance Levels: 159.100, 160.520, 161.670
- Support Levels: 158.000, 157.385, 156.580
Movement Range:
The movement range will be between 158.810 and 157.385.
Previous idea:
Market Consolidation and Key Levels:
The price has reversed and stabilized in a bearish area as long as it trades below the supply zone, which is between 158.800 and 159.100, targeting 157.975 and 157.380.
Bullish Scenario:
For a bullish trend, the price needs to stabilize above 158.800, potentially reaching 159.810. Further stability above this level would indicate an uptrend.
Bearish Scenario:
The bearish area is confirmed as long as the price trades below the supply zone, targeting 157.975. There is also the possibility of a retest up to 158.800 before resuming the bearish trend.
Key Levels:
- Pivot Line: 158.800
- Resistance Levels: 159.100, 160.520, 161.670
- Support Levels: 158.000, 157.385, 156.580
Movement Range:
The movement range will be between 158.810 and 157.385.
Previous idea:
Not
UPDATEThe price dropped and reached our targets perfectley about 200 pip, and still has a bearish as long as 156.58
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~6 analyses per day. With a clear entry point
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.