USDJPY @ Selling Oppurtunity, Breakdown Uptrend (Read Captions)

📉 USD/JPY Forecast 📉

USD/JPY is currently at the peak of an uptrend but showing signs of consolidation within a range. Recent developments include a breakdown of the ascending trendline, indicating a potential shift towards a selling zone. We are awaiting confirmation of the breakdown of the consolidation range, which could provide further selling opportunities.

Key highlights:
1. Breakdown of the ascending trendline suggests a shift in momentum towards selling pressure.
2. Confirmation of breakdown within the consolidation range is awaited for additional selling signals.
3. Golden crossover of 200EMA & 50EMA in smaller timeframes further supports the selling bias.
4. Increased volume to the selling side adds weight to the bearish outlook.

Important levels to watch:
- Support levels: 146.40, 143.40, and 140.90
- Resistance levels: 150.80 and 151.70

Your continued support and following are invaluable for fostering a strong community. Let's stay connected and navigate the markets together for better outcomes! 📈💪 #ForexTrading #USDJPY #MarketForecast

Comment:

Flyying to our first phase towards a retracement on resistance level, be careful okay..

Trade active:

📈 USDJPY Forecast Update: Entry Initiated

We're seeing USDJPY approaching our first phase retrace resistance level. Our entry has been initiated as a strong bearish candle formed. Hold onto your positions as we move towards our targets. Let's keep the momentum going! 💪🎯 #ForexTrading #USDJPY #TechnicalAnalysis

Trade active:

📉💼 USD/JPY Trade Update: On Track Towards Target! 🎯🚀

Traders, an important update on USD/JPY:

📉 Trade Initiated: Our entry on USD/JPY was initiated after retracing to the order block, marking a favorable entry point in the trade.

📉 Downward Movement: The currency pair is now falling towards our target level as anticipated, validating our trade setup.

🎯 Target Approach: We're on track towards our target level, aiming to capitalize on the downward momentum in USD/JPY.

📊 Stay Focused: Keep a close eye on the price action as USD/JPY progresses towards our target, and consider adjusting your trading strategy based on market developments.

Let's continue to monitor the trade closely and strive for a successful outcome! 📉💼 #USDJPY #TradingUpdate #TargetApproaching

Comment:

🎯💰 USD/JPY Trade Update: First Target Achieved at 146.50! 🚀🌟

Traders, exciting news on USD/JPY:

🎯 First Target Achieved: We've hit our first target at 146.50, marking a significant milestone in our trade journey!

💰 Profit Celebration: Congratulations to everyone on securing profits! Your patience and confidence have led to this amazing achievement.

📉 Continued Momentum: USD/JPY is now dropping towards our next target level as anticipated. Let's keep up the momentum!

👏 Well Done: A round of applause to all traders who participated in this trade. Your dedication is truly commendable.

Keep riding the wave of success and let's continue aiming for profitable outcomes together! 🎉📈 #USDJPY #ProfitUpdate #TradingSuccess