🟦 EURJPY 4H Analysis
📅 August 10, 2025
Top-Down Trend Bias:
• Monthly – Bullish
• Weekly – Bullish
• Daily – Bullish
• 4H – Bearish
EURJPY is approaching the 172.25 resistance zone after a strong bullish correction. While higher timeframes remain bullish, the 4H structure is still technically in a retracement phase, making this a critical reaction level.
🔍 Key Zone: 172.50
This area marks prior structure and could serve as either a breakout base for further upside or a strong rejection point for sellers.
✅ Scenario A: Bullish Breakout (Orange Path)
1.If price breaks and closes above 172.50
2.Expect continuation toward 173.75 resistance zone
This would align with the overall bullish HTF bias
⚠️ Scenario B: Bearish Rejection (Blue Path)
1.If price rejects from 172.250
2.Look for bearish confirmation (rejection wicks, engulfing, LTF BOS)
Target 1: 171.00
Target 2: 169.60 support
This would maintain the short term 4H bearish structure while still sitting inside a bullish macro trend.
🧠 Final Notes
• 172.250 is the key decision point, watch for clear confirmation
• HTFs favor upside, but short term traders may find better R:R on a rejection
• Always trade the reaction, not the assumption
📅 August 10, 2025
Top-Down Trend Bias:
• Monthly – Bullish
• Weekly – Bullish
• Daily – Bullish
• 4H – Bearish
EURJPY is approaching the 172.25 resistance zone after a strong bullish correction. While higher timeframes remain bullish, the 4H structure is still technically in a retracement phase, making this a critical reaction level.
🔍 Key Zone: 172.50
This area marks prior structure and could serve as either a breakout base for further upside or a strong rejection point for sellers.
✅ Scenario A: Bullish Breakout (Orange Path)
1.If price breaks and closes above 172.50
2.Expect continuation toward 173.75 resistance zone
This would align with the overall bullish HTF bias
⚠️ Scenario B: Bearish Rejection (Blue Path)
1.If price rejects from 172.250
2.Look for bearish confirmation (rejection wicks, engulfing, LTF BOS)
Target 1: 171.00
Target 2: 169.60 support
This would maintain the short term 4H bearish structure while still sitting inside a bullish macro trend.
🧠 Final Notes
• 172.250 is the key decision point, watch for clear confirmation
• HTFs favor upside, but short term traders may find better R:R on a rejection
• Always trade the reaction, not the assumption
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.