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EURJPY H2: TOP Distribution/SHORT THE BOUNCE +350 pips(SL/TP)(NE

Short
FX:EURJPY   Euro / Japanese Yen
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EURJPY H2: TOP Distribution/SHORT THE BOUNCE +350 pips(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as short as I'm expecting a
SHORT/LONG sequence in this market.


🔸 Summary and potential trade setup
::: EURJPY 2hour/candle chart review
::: distribution at the top
::: broke down already more downside
::: Expecting a BOUNCE soon next few days
::: near 122.20/40 - to 125.00 MAX
::: playing the BOUNCE is HIGH RISK
::: recommend to RESHORT after BOUNCE
::: recommended strategy: SHORT THE BOUNCE
::: near 125.00 SL 50 pips TP1 +250 TP2 +350
::: higher risk strategy: buying near 122.20/40
::: SL 40 pips TP is 125.00
::: this is higher risk / recommend to short instead
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BOUNCE SOON
::: Sentiment outlook mid-term: BEARS TAKE OVER

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