Hello traders! 👋
I hope you’re having a fantastic trading week so far. Let’s take a look at the USDJPY setup unfolding right now — and it’s all about classic symmetry.
📌 Setup Breakdown
We’re seeing a textbook ABC Bearish Continuation:
🔹 AB: Sharp move down
🔹 BC: Clean correction back into structure
🔹 CD (Projected): Symmetrical to AB, aiming toward the target zone
Price just tapped into the PCZ (Potential Completion Zone) around the 127.2%–161.8% fib projections — showing early rejection and setting up a potential move lower.
🎯 Target Zone
First Objective: 100% projection (~145.35)
Extended Target: 127.2% (~144.96)
With structure clear and risk above C, the symmetry is doing all the talking.
🧠 Key Factors
✅ Classic ABC symmetry
✅ Strong reaction at PCZ
✅ Risk well-defined
✅ Trend continuation potential
No guesswork — just measured movement within structure.
💬 Final Thoughts
If this plays out, it would be a clean continuation play in line with the overall flow. As always, let the chart guide you — not emotion.
📚 Pattern → Zone → Reaction → Follow-through
Wishing everyone smooth trades ahead. Let’s keep it simple and professional.
I hope you’re having a fantastic trading week so far. Let’s take a look at the USDJPY setup unfolding right now — and it’s all about classic symmetry.
📌 Setup Breakdown
We’re seeing a textbook ABC Bearish Continuation:
🔹 AB: Sharp move down
🔹 BC: Clean correction back into structure
🔹 CD (Projected): Symmetrical to AB, aiming toward the target zone
Price just tapped into the PCZ (Potential Completion Zone) around the 127.2%–161.8% fib projections — showing early rejection and setting up a potential move lower.
🎯 Target Zone
First Objective: 100% projection (~145.35)
Extended Target: 127.2% (~144.96)
With structure clear and risk above C, the symmetry is doing all the talking.
🧠 Key Factors
✅ Classic ABC symmetry
✅ Strong reaction at PCZ
✅ Risk well-defined
✅ Trend continuation potential
No guesswork — just measured movement within structure.
💬 Final Thoughts
If this plays out, it would be a clean continuation play in line with the overall flow. As always, let the chart guide you — not emotion.
📚 Pattern → Zone → Reaction → Follow-through
Wishing everyone smooth trades ahead. Let’s keep it simple and professional.
Note
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.
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.