USDJPY Bearish Reversal Setup | Breakdown After Fake Bullish Australian Dollar/US DollarFX:AUDUSDFrankAgboUSD/JPY is showing signs of a potential bearish continuation after rejecting a major resistance zone 👇 --- **📊 Market Structure Breakdown:** * Price respected an **ascending trendline** for weeks * Recently, we saw a **sharp liquidity spike above resistance** * Market quickly reversed and broke momentum This kind of move often signals a **bull trap / liquidity grab** before continuation downward. --- **🎯 Trade Setup (Sell Bias):** * **Entry Zone:** 157.70 – 158.00 * **Stop Loss:** Above 160.85 (above liquidity zone) * **Take Profit Targets:** * TP1: 155.00 (minor support) * TP2: 152.60 (major support / liquidity zone) --- **📉 Why This Setup is High Probability:** * Strong rejection from resistance * Failed bullish continuation * Lower high formation developing * Excellent **risk-to-reward setup** --- **⚠️ Invalidation Scenario:** * Strong bullish reclaim above 160.80 * Break and hold above resistance * Continuation of bullish structure --- **🧠 Smart Money Insight:** Markets often sweep liquidity above highs before reversing hard. Chasing breakouts without confirmation is where many traders get trapped. --- **💬 Summary:** If USDJPY continues rejecting this area, we could see a clean move toward 155.00 and potentially 152.60. Patience and confirmation remain key.