ProjectSyndicate

EURJPY H4: BEST Level to SHORT/HOLD +100/+200 pips(SL/TP)(SWING)

Short
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FX:EURJPY   Euro / Yen Japonais
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EURJPY H4: BEST Level to SHORT/HOLD +100/+200 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: EURJPY 4hour/candle chart review
::: upside limited from
::: HOWEVER heavy resistance overhead
::: 124.80 strong resistance
::: get ready to SHORT from overhead
::: BEARS will take over soon
::: expecting pullback / re-test of 122.70
::: get ready to SHORT HIGH later
::: once we hit resistance at 124.80
::: TP BEARS 122.70
::: lower risk setup: SHORT/HOLD 124.80
::: recommend to SHORT/HOLD from resistance
::: recommended strategy: SHORT/HOLD 124.80
::: TP1 BEARS +100 pips TP2 BEARS +200 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 122.70 fresh demand zone
::: 124.80 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS
Ordre annulé
Commentaire:
UPDATED SETUP / OUTLOOK. XABCD BEARS. MORE GAINS SHORT-TERM.

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