GBPJPY H4: SHORT IT from range RES. TP +150/+250(SL/TP)(NEW)

27 בינו׳ 2021GBPJPY H4: SHORT IT from range RES. TP +150/+250(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more losses
short-term.

🔸 Summary and potential trade setup
::: GBPJPY 4hour/candle chart review
::: BREAKOUT/SHORT IT sequence
::: 3 highs followed by breakout
::: SHORT INTO breakout
::: low risk strategy: wait for RESISTTANCE
::: and RESHORT from 142.80/143.00
::: lower risk setup is SHORT from HIGHS
::: after the BREAKOUT
::: just short it TP +150/+250 pips
::: SHORT/HOLD setup with great risk:reward
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: fresh demand zone
::: fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS/FINAL PUSH
::: Sentiment outlook mid-term: BEARS