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Sunday, September 6, 2020

EURJPY H4: BEST level TO SHORT +125 pips(SL/TP)(NEW)

EURJPY H4: BEST level TO SHORT +125 pips(SL/TP)(NEW)

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EURJPY H4: BEST level TO SHORT +125 pips(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more downside
early this week.

::: EURJPY 4hour/candle chart review
::: distribution in progress
::: breakdown soon early this week
::: short sell any rips or short at market
::: TP BEARS is fresh demand at 124.60
::: We closed at/near 125.70
::: recommended strategy: SHORT RIPS/bounces
::: SL 30 TP1 +90 TP2 +120 (BEARS)
::: near 126.00 is the BEST SHORT
::: confirmed/tested horizontal resistance
::: short it and get paid
::: SHORT/HOLD - swing trade setup
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: RANGE/MIXED
::: Retail: N/A
::: Outlook: BEARS

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