USDJPY (1H) - Facing Strong Supply: Corrective Drop Expected TowUSD/JPYOANDA:USDJPYHerdiantHello fellow traders, On the 1H chart of USDJPY, the price action is showing signs of a potential reversal after repeatedly failing to break through a significant overhead resistance (Supply Zone between 158.900 - 159.500). This weakening bullish momentum is strongly supported by our technical indicators: * Stochastic RSI: A clear bearish crossover (dead cross) has occurred as the indicator exits the overbought territory (currently crossing below the 34.61 and 26.50 levels). * RSI (14): The Relative Strength Index is flattening around the 57.59 level after previously triggering a minor bearish divergence/signal. The Outlook: Following the green projection arrows on the chart, USDJPY is highly likely to continue its corrective downward move. The immediate target for this correction is the nearest support area (Demand Zone between 157.600 - 158.000). Trading Parameters: * 🔵 Entry Zone (Short/Sell): Current Market Price / Near Supply Zone (158.900 - 159.200) * 🟢 Take Profit (TP): Inside the Demand Zone (~157.800) * 🔴 Stop Loss (SL): Just above the Supply Zone (~159.650) to protect capital from an unexpected breakout. Remember to manage your risk carefully as USDJPY can be highly volatile near major liquidity zones. #usdjpy #forex #supplyanddemand #stochasticrsi #technicalanalysis #correctionSilakan langsung d