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EURJPY H2: Best Levels to BUY/HOLD TP +150/+300 (SWING)(NEW)

Long
FX:EURJPY   Euro / Japanese Yen
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EURJPY H2: Best Levels to BUY/HOLD TP +150/+300 (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 2hours/candle chart review
::: sequence of higher lows
::: technical setup: Bullish Ellipse setup
::: revised/updated outlook
::: REVISED/UPDATED to BULLISH OUTLOOK
::: short-term pullback in progress though
::: we hit fresh SUPPLY zone at 146.50
::: retail positioning in EURJPY
::: favors more mid-term losses now
::: 4 000 std lots short vs
::: 1 000 lots long
::: expecting correction MODE
::: BEARS will target 144.10-144.60
::: BULLS stay out / wait for better price
::: lower risk / recommended strategy
::: BUY DIPS / after correction near 144.10-60
::: FINAL TP BULLS is 147.50 final fresh supply zone
::: 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
::: 144.40 fresh demand zone
::: 147.50 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: /RANGE/BEARS
::: Sentiment outlook mid-term: BULLS/147.50

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Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comment:
GBPJPY H2: Best Levels to BUY IT TP +200/+400 (SL/TP)(SWING)

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