๐จ **EUR/JPY Trade Setup**
๐ *Date:* April 24, 2025
๐ฐ *Pair:* EUR/JPY
๐ *Timeframe:* M3/ M5
**Current Price:** 162.778
๐ **Sell Limit:** 162.917
๐ **Stop Loss:** 162.969
๐ฏ **Setup Status:** Pending Execution
Weโre waiting for **EUR/JPY** to pull back into the **162.917** supply zone to activate our **sell limit**. Stop loss is tight at 162.969, maintaining minimal risk on this setup.
๐ *Bias:* Bearish
If price taps the entry and rejects, we expect a downside move targeting lower intraday liquidity zones.
๐ **Key Levels to Watch:**
* **Entry Zone:** 162.917
* **SL:** 162.969
* **Reaction Zone:** Watching lower timeframes for confirmation after entry
๐ *Date:* April 24, 2025
๐ฐ *Pair:* EUR/JPY
๐ *Timeframe:* M3/ M5
**Current Price:** 162.778
๐ **Sell Limit:** 162.917
๐ **Stop Loss:** 162.969
๐ฏ **Setup Status:** Pending Execution
Weโre waiting for **EUR/JPY** to pull back into the **162.917** supply zone to activate our **sell limit**. Stop loss is tight at 162.969, maintaining minimal risk on this setup.
๐ *Bias:* Bearish
If price taps the entry and rejects, we expect a downside move targeting lower intraday liquidity zones.
๐ **Key Levels to Watch:**
* **Entry Zone:** 162.917
* **SL:** 162.969
* **Reaction Zone:** Watching lower timeframes for confirmation after entry
Trade active
๐ Upcoming News (10 min):๐ช๐บ EU Trade Balance (Mar)
๐ Forecast: 17.5B | Previous: 24.0B
Weโre anticipating high-impact EUR news shortly. It could trigger strong bearish pressure on EUR/JPY โ aligning perfectly with our short setup.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.