EURJPY - Potential Bearish Control 🐻

Hello TradingView Family / Fellow Traders,

📈 EURJPY been overall bullish, trading inside the blue channel and it is currently approaching the upper blue trendline.

Moreover, the zone 159-160 is a robust resistance zone.

🎯 Therefore, the highlighted red circle represents a significant area to consider for potential sell setups, as it marks the intersection of the red resistance and upper blue trendline.

📚 As per my trading style:
As EURJPY approaches the blue circle zone, I will be actively searching for bearish reversal setups to capture the next bearish impulse movement.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr