EURJPY Analysis – 4H TimeframeEURJPY has been respecting the ascending channel but is now showing strong bearish momentum after reacting from the key supply zone at 164.800.
🔻 Technical Targets:
1st Target: 164.000
2nd Target: 162.000
The setup suggests a potential short opportunity as price breaks structure and momentum shifts. Stay sharp! ⚡
✅ Like | 💬 Comment | 🔔 Follow for more updates
— By Livia 😜
#EURJPY #ForexTrading #TechnicalAnalysis #PriceAction #SupplyAndDemand #4HChart #TradingSetup
Trade closed manually
Related publications
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.
Related publications
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.