Sell Setup Near Resistance
Sell USDJPY within the 146.800–147.180 zone, an area aligning with a recent resistance level after a sharp upward move.
Target and Stop Loss
The trade aims for a drop toward 145.000, offering a clear pullback target. To manage risk, we’ve placed a stop loss at 147.400, just above the resistance zone, to protect against unexpected spikes.
Final Note
This setup seeks to capture a price drop after bullish exhaustion. Always wait for bearish confirmation before entering and stick to disciplined risk management.
