USDJPY D4: PT BEARS 104.00 short rips/rallies (NEW)

USDJPY D4: PT BEARS 104.00 short rips/rallies (NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more losses.

🔸 Summary and potential trade setup
::: USDJPY 4days/candle chart review
::: updated/revised outlook
::: heavy rejection
::: expecting re-test of 103.80
::: swing trade setup
::: focus on shorting rips/rallies
::: price contained within BEAR channel
::: sequence of lower highs
::: strong rejection / BEARS taking over
::: focus on shorting into rips/rallies now
::: mid-term target BEARS is 103.80
::: bullish IHS failed / final TP BEARS +500 pips
::: recommend to focus on shorting rips now
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: good luck traders
🔸 Supply/Demand Zones
::: 104.00 fresh demand zone
::: 110.00 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS

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Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.