This is a USD/JPY (30-minute timeframe) trading setup, showing a planned short (sell) trade.
1. Market Context
The price was in a strong uptrend, visible from the ascending trend channel.
Recently, price has broken structure (BOS) a few times, signaling potential weakening of bullish momentum.
The chart suggests a bearish reversal setup from the “Entry Zone.”
2. Key Levels
Stop Loss (SL): 149.097 → Just above the recent “Strong High,” to protect against false breakouts.
Entry Zone: Around 148.66 – 148.71 → Price is consolidating here; sellers expected to enter.
Target 1: 148.40 area → First take-profit zone, near short-term support.
Final Target: 148.03 → Major support zone, marked in green.
Support Side Level: Between Target 1 and Final Target, acting as an intermediate demand zone.
---
3. Expected Price Action
The black zigzag lines show the projection:
Small bounce from the entry zone
Lower highs forming
A break to the downside towards Target 1
Continuation down to the Final Target
1. Market Context
The price was in a strong uptrend, visible from the ascending trend channel.
Recently, price has broken structure (BOS) a few times, signaling potential weakening of bullish momentum.
The chart suggests a bearish reversal setup from the “Entry Zone.”
2. Key Levels
Stop Loss (SL): 149.097 → Just above the recent “Strong High,” to protect against false breakouts.
Entry Zone: Around 148.66 – 148.71 → Price is consolidating here; sellers expected to enter.
Target 1: 148.40 area → First take-profit zone, near short-term support.
Final Target: 148.03 → Major support zone, marked in green.
Support Side Level: Between Target 1 and Final Target, acting as an intermediate demand zone.
---
3. Expected Price Action
The black zigzag lines show the projection:
Small bounce from the entry zone
Lower highs forming
A break to the downside towards Target 1
Continuation down to the Final Target
Trade closed: target reached
congratulations our all target has been successfully reached. ready for next setup.
Best Analysis xauusd single
t.me/+uAIef7IqwSs4M2Q0
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+uAIef7IqwSs4M2Q0
t.me/+uAIef7IqwSs4M2Q0
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+uAIef7IqwSs4M2Q0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Best Analysis xauusd single
t.me/+uAIef7IqwSs4M2Q0
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+uAIef7IqwSs4M2Q0
t.me/+uAIef7IqwSs4M2Q0
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+uAIef7IqwSs4M2Q0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.