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GBPJPY H4: BEST Level to BUY +175/+250 pips(SL/TP)(NEW)

Short
FX:GBPJPY   British Pound / Japanese Yen
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GBPJPY H4: BEST Level to BUY +175/+250 pips(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses
short-term before reversal (BULLS)


🔸 Summary and potential trade setup
::: GBPJPY 4hour/candle chart review
::: XABCD setup BULLS
::: right now expecting more downside
::: point D/PRZ later at 134.80
::: higher risk setup: SHORT IT
::: TP BEARS 134.80
::: get ready to BUY LOW later
::: reversal trade setup from D/PRZ
::: TP BULLS TP1 +175 pips TP2 +250 pips
::: this week expecting more losses though
::: BULLS focus on buying low later
::: BUY/HOLD setup with great risk:reward
::: BULLS TP ia 137.00+
::: recommend to BUT/HOLD
::: recommended strategy: BUY/HOLD
::: 134.80 reversal level to BUY
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 134.80 fresh demand zone
::: 137.00 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS

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