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EURJPY H4: BEST level to SHORT IT +175 pips (SL/TP)(NEW) 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 ::: updated/revised outlook for new week ::: we are still locked inside range now ::: Sentiment shows more upside short-term ::: Still enough short sellers for a squeeze ::: locked inside range short-term ::: likely more upside early this week ::: higher risk setup: MARKET BUY ::: TP 126.60 SL 40 ::: recommended strategy: SHORT IT 126.60 ::: SL 50 TP1 +125 TP2 +175 pips (125.20) ::: nice low risk setup ::: might get triggered soon ::: SHORT/HOLD - swing trade setup ::: 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: BULLS ::: Sentiment outlook mid-term: BEARS/RANGE LOCK ::: 15 000 lots short / 6 000 lots long ::: OUTLOOK: BULLS short-term