GBPJPY H2: Best Levels to BUY IT TP +200/+400 (SL/TP)(SWING)

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GBPJPY H2: Best Levels to BUY IT TP +200/+400 (SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG since we are locked inside range
and I expect reversal off the lows later

🔸 Summary and potential trade setup
::: GBPJPY 2hours/candle chart review
::: locked inside trading range
::: entire November/December 2022
::: revised/updated outlook
::: REVISED/UPDATED to NEUTRAL OUTLOOK
::: short-term more losses
::: targeting 164.000 and below
::: retail positioning in GBPJPY
::: favors more short-term losses now
::: 3 000 std lots short vs
::: 6 000 lots long
::: expecting pullback before reversal
::: exactly same pattern as
::: summer/autumn 2021
::: higher risk / high risk strategy
::: SHORT IT / SHORT RIPS/BOUNCES
::: FINAL TP BEARS is 164.00
::: recommended strategy: BUY LOW BULLS
::: near premium prices (164.00-50)
::: recommend to focus on swings only don't
::: final TP BULLS 168.50
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 164.00 fresh demand zone
::: 168.50 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: MIXED/RANGE/BULLS
::: Sentiment outlook mid-term: BEARS/REVERSAL

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