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USDJPY D2: IHS BEARS SHORT IT TP 105.00(NEW/SL/TP/UPDATED) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT because I expect more LOSSES! TP BEARS is 105.00
🔸 Summary and potential trade setup ::: USDJPY 4days/candle chart review ::: dumping hard already from my level ::: not too late to SHORT IT ::: BEARS maintain control ::: still valid expecting more gains ::: on sell side BEARS short rips/bounces ::: TP is still 105.00 ::: previous trade setup made money ::: recommended buying low for TP at 110.00 ::: right now BEARS focus on SHORTING ::: closer to 111.50 TP is 105.00 ::: great swing setup for 600+ pips ::: setup still valid as of right now ::: great progress since initiated coverage ::: speculative IHS BULLS in progress ::: mid-term target is 111.50 +350 pips ::: bulls maintain control / strong reversal ::: recommend to focus on buying dips now ::: recent low was cycle low for USDJPY ::: going forward we are GOING UP! ::: PT bulls is 111.50 which is also key S/R level ::: generally traders should look ::: to BUY any dips in this market ::: almost 350 pips upside from here ::: later with SL/TP levels ::: recommend to BUY/HOLD ::: recommended strategy: SHORT/HOLD ::: good luck traders 🔸 Supply/Demand Zones ::: 106.00 fresh demand zone ::: 111.50 fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS ::: Sentiment outlook mid-term: BEARS
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