Today I attempted to sell USDJPY with a stop-loss order placed at 158.79 and a take-profit order at 158.45. On the M15 timeframe, if we examine the overall USDJPY chart, the major trend clearly appears bearish or weakening in the previous few sessions. Furthermore, several smaller formations, such as bullish and bearish pin bars, appeared in the same resistance area, confirming that the area above the moving averages is a pressure point for sellers to re-enter.