EURJPY H4: SHORT IT // SHORT/HOLD +100 pips(SL/TP)(SWING) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. tagged as SHORT because 200 pips downside still remains. recommend to SHORT/HOLD IT.
🔸 Summary and potential trade setup ::: EURJPY H4 chart review ::: reshort it now at market ::: SHORT/HOLD re-test of range lows ::: 200 pips downside remains ::: BEARS will target 125.00 ::: BEARS will take from here ::: expecting pullback / re-test of range lows ::: for now SHORT IT / MARKET SELL ::: TP BEARS +200 pips ::: recommend to SHORT/HOLD TP 125.00 ::: recommended strategy: SHORT/HOLD 125.00 ::: TP1 BEARS +200 pips ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: 125.00 fresh demand zone ::: 127.50 fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS ::: Sentiment outlook mid-term: BEARS