GBPJPY H4: BEST Level to SHORT/HOLD +250/+350 pips(SL/TP)(SWING)

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GBPJPY H4: BEST Level to SHORT/HOLD +250/+350 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because 350 pips DUMP still
remains. recommend to SHORT/HOLD IT.


🔸 Summary and potential trade setup
::: GBPJPY H4 hour candle chart review
::: SPECULATIVE reversal trade setup
::: 159.50 RS DUMP heavy overhead resistance
::: DUMP in progress already
::: SHORT/HOLD rips/rallies after BOUNCE
::: ongoing distribution in progress
::: 350/450 pips downside remains
::: distribution in progress / TOPPED OUT
::: expecting fresh selling / DUMP
::: TP1 BEARS +250 TP2 BEARS +350 pips
::: final TP BEARS is 154 00 short rips/rallies
::: recommended strategy: SHORT/HOLD near 159.50
::: 159.50 heavy rejection new dump in progress now
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 154.00 fresh demand zone
::: 159.50 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS/BOUNCE/WEAK
::: Sentiment outlook mid-term: BEARS/DUMP/STRONG

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comment
GBPNZD H4: BEST Level to BUY/HOLD +250/+350 pips(SL/TP)(SWING)
GBPNZD H4: BEST Level to BUY/HOLD +250/+350 pips(SL/TP)(SWING)
Comment
UKOIL H4 20% CORRECTION setup SHORT/HOLD(NEW)(SL/TP)
UKOIL H4 20% CORRECTION setup SHORT/HOLD(NEW)(SL/TP)
Comment
EURGBP D1: +250/+350 pips BEST Level to SHORT IT TP (SWING/NEW)
EURGBP D1: +250/+350 pips BEST Level to SHORT IT TP (SWING/NEW)
Chart PatternsGBPJPYTechnical IndicatorsTrend Analysis

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