EURJPY - Trend-Following Sell Setup!

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

EURJPY is overall bearish trading inside the falling broadening wedge in red.

Moreover, the zone 145.0 is a strong supply zone .

So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the orange supply zone and upper red trendline. (acting as non-horizontal resistance)

As per my trading style:
As EURJPY approaches the upper purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich