GBPJPY H4: BEST Level to SHORT/HOLD +250/+350 pips(SL/TP)(SWING)

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GBPJPY H4: BEST Level to SHORT/HOLD +250/+350 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because 350 pips DUMP still
remains. recommend to SHORT/HOLD IT.

🔸 Summary and potential trade setup
::: GBPJPY H4 hour candle chart review
::: SPECULATIVE reversal trade setup
::: 159.50 RS DUMP heavy overhead resistance
::: DUMP in progress already
::: SHORT/HOLD rips/rallies after BOUNCE
::: ongoing distribution in progress
::: 350/450 pips downside remains
::: distribution in progress / TOPPED OUT
::: expecting fresh selling / DUMP
::: TP1 BEARS +250 TP2 BEARS +350 pips
::: final TP BEARS is 154 00 short rips/rallies
::: recommended strategy: SHORT/HOLD near 159.50
::: 159.50 heavy rejection new dump in progress now
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 154.00 fresh demand zone
::: 159.50 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS/BOUNCE/WEAK
::: Sentiment outlook mid-term: BEARS/DUMP/STRONG

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
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.

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