U.S. Dollar / Japanese Yen
Short
Updated

USD/JPY (2H timeframe) with Ichimoku..

5 175
USD/JPY (2H timeframe) with Ichimoku + support/resistance + trendline.
Price is now around 148.04 after rejecting from the red resistance zone.

📊 Analysis:

Price broke the uptrend line.

Strong rejection from 148.80 – 149.00 resistance zone.

Bearish structure forming with downside targets marked on my chart.


🎯 Targets (as per my chart)

First target: 147.00 – 147.20 zone.

Second target: 145.50 – 145.80 zone (major support).


📌 Key resistance (for invalidation):

If price goes back above 148.80 – 149.00, bearish setup will be weaker.


👉 So my short-term downside target = 147.00, and extended downside target = 145.50.
Trade active
trade active
Trade closed: target reached
almost done

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