USD/JPY Sell - 15 mins

Trade Setup Overview:
Bias: Bearish
Key Levels:
Entry Zone: Near 154.000
Target (TP): 153.324 (Support Zone)
Stop Loss (SL): Above 154.236


Technical Analysis:
Key Resistance Rejection:

Price has rejected the 154.000–154.236 resistance zone, shown by bearish candles forming at the top of the structure.
The resistance aligns with a previous supply zone and forms a strong ceiling for sellers.
Bearish Structure Shift:

A Break of Structure (BOS) confirms momentum to the downside.
A small accumulation phase followed by bearish momentum indicates sellers are in control.
Support Target:

The TP is placed at the next significant support level (153.324), a key area where price previously reacted.

Confirmation Patterns:

Bearish Candlestick Formations and rejection wicks suggest further downside potential.
Price is trading below the 50 EMA, reinforcing the bearish trend bias.
Chart PatternsTechnical IndicatorsTrend Analysis

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