USDJPY - Red Low or Orange Resistance: Your Trigger Map 📈📉

[theSignalyst]

USDJPY squeezed off 146.0 and is testing the 148.8–149.2 orange resistance on the 4H while momentum cools.

Here’s the plan :

If the last low in red is broken downward, the bears take over, and I’ll look for 147.2 first, then the 146.0 support zone.

If the orange resistance is broken upward and holds, I’ll expect continuation toward the upper supply at 150.7–151.0 (with 150.0 as a waypoint).

What’s your move — fade a failure at the orange band, or buy a clean break and hold into 150s?

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr