Let's see what's going on in the USDJPY chart. Buyers couldn't push the price up in the last rise and the index hit the stops over the resistance zone. Now, it can fall to the previous important zones.
You’ve laid out some convincing, straightforward points for being bearish.
Zaeemattallah
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nice Idea,, struggling to push downwards.. multiple traps
Sober_Trading
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@Zaeemattallah, Thank you! It's a tightrope walk at times, isn't it? The market has set a few snares along the way, making it all the more challenging to navigate. Stay vigilant!