USD/JPY THIS CHART IS TECHNICAL ANALYSIS H1 TIMEFRAME .

This chart is a technical analysis setup for USD/JPY on the 1-hour timeframe. Here’s what it indicates:

1. Resistance Zone (Blue Line & Red Box)

The price has reached a resistance area (blue line).

The red shaded box represents a supply zone where sellers might enter.



2. Entry & Stop-Loss (Green & Red Box on the Right)

The green box (152.379) suggests a possible entry price.

The red box above (152.437–152.583) represents a stop-loss zone, meaning if the price moves above this, the trade setup is invalid.



3. Market Direction (Black Arrows)

The black arrows indicate two possible scenarios:

A breakout above the resistance, leading to an upward move.

A rejection from resistance, leading to a downward move.


This chart suggests a decision point where traders will watch if the price breaks out or reverses from this level. Are you planning to trade based on this setup?