USD/JPY) Bearish trend analysis Read The captionUS Dollar vs Japanese YenICMARKETS:USDJPYSMC-Trading-PointSMC Trading point update Technical analysis of USD/JPY 1H chart and the exact trade logic behind your idea: --- Market Structure Overall structure is bearish: Clear lower highs Clear lower lows Price is moving inside a descending channel → confirms trend continuation to the downside. --- EMA Analysis EMA 50 ≈ 155.10 EMA 200 ≈ 155.57 Price is currently: Below EMA 200 Retesting EMA 50 from below → This confirms bearish market control. --- Key Supply Zone + FVG (Blue Box) The marked zone around 155.55 – 155.75 is: Previous breakdown area Fair Value Gap (FVG) EMA 200 resistance Trendline resistance This zone is a high-probability sell area. --- SMC Logic We have: 1. Strong bearish impulse 2. Pullback into FVG + Supply 3. Liquidity resting above 4. Expected rejection after mitigation This is a textbook SMC Sell Setup after retracement. --- Trade Idea (Based on Your Chart) Sell Setup Sell Zone: 155.55 – 155.75 Stop Loss: Above 156.05 Target 1: 154.60 Final Target: 154.08 (your marked target) Risk : Reward: Approx 1:3+ --- Projected Price Path Small push into supply Liquidity grab above zone Strong impulse drop Final dump toward 154.08 liquidity --- Invalidation This setup is invalid if: H1 candle closes above 156.05 Or price breaks above the descending channel Mr SMC Trading point --- Final Verdict Trend: Bearish Structure: Lower Highs / Lower Lows Entry: Supply + FVG + EMA 200 Target: 154.08 Bias: SELL on retracement --- Please support boost 🚀 this analysis