EURJPY H4: Best Levels to BUY/HOLD TP +400/+800 (SWING)(NEW)

4 thg 10, 2022

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EURJPY H4: Best Levels to BUY/HOLD TP +400/+800 (SWING)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG since we are locked inside range with bullish BIAS.

🔸 Summary and potential trade setup
::: EURJPY 4hours/candle chart review
::: sequence of higher lows
::: technical setup: Bullish Ellipse setup
::: revised/updated outlook
::: REVISED/UPDATED to BULLISH OUTLOOK
::: short-term more upside / 150.00 max out
::: targeting 150.00 final TP BULLS
::: retail positioning in EURJPY
::: favors more mid-term gains now
::: 3 000 std lots short vs
::: 1 000 lots long
::: expecting LONG SQUEEZE soon
::: exactly same pattern as
::: summer/autumn 2021
::: lower risk / recommended strategy
::: BUY DIPS / market BUY TP 148/150.00
::: FINAL TP BULLS is 150.00
::: chart looks good but slow price action
::: patience required if you want to make money
::: recommend to focus on swings only don't
::: try to trade this intraday
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 140.00 fresh demand zone
::: 150.00 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: /RANGE/BULLS
::: Sentiment outlook mid-term: BULLS/150.00

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