🟦 EURJPY 4H Analysis Bearish Idea
📅 August 3, 2025
🔹 Top-Down Trend Bias:
• Monthly – Bullish
• Weekly – Bullish
• Daily – Bullish
• 4H – Bearish
EURJPY has pulled back through the previous support zone around 171.000 and is currently consolidating after a sharp bearish move. Short term trend remains bearish, but higher timeframes suggest this may be a corrective phase.
🔍 Key Zone: 171.00 – 171.70
This zone represents the 38.2% fib retracement and prior structure. A rejection from this area could trigger further downside, while a break above may confirm a higher low.
✅ Scenario A: Bearish Continuation (Blue Path)
1.If price taps into 171.00–171.70 and rejects
2.Look for bearish confirmation (rejection wick, bearish engulfing, BOS)
Target: 169.60 (key support)
This setup follows short term momentum and offers clean R:R into prior liquidity.
⚠️ Scenario B: Bullish Break & Hold (Orange Path)
1.If price breaks and closes above 172.250
2.Watch for continuation toward 173.750, our extended fib target
3.Structure shift + bullish PA would align with HTF bullish trend
This would confirm strength returning to the pair, ideal for HTF trend continuation traders.
🧠 Final Notes
• 171.00–171.70 is the reaction zone to watch
• HTFs remain bullish, but 4H momentum must flip to validate upside
• Let price confirm direction
📅 August 3, 2025
🔹 Top-Down Trend Bias:
• Monthly – Bullish
• Weekly – Bullish
• Daily – Bullish
• 4H – Bearish
EURJPY has pulled back through the previous support zone around 171.000 and is currently consolidating after a sharp bearish move. Short term trend remains bearish, but higher timeframes suggest this may be a corrective phase.
🔍 Key Zone: 171.00 – 171.70
This zone represents the 38.2% fib retracement and prior structure. A rejection from this area could trigger further downside, while a break above may confirm a higher low.
✅ Scenario A: Bearish Continuation (Blue Path)
1.If price taps into 171.00–171.70 and rejects
2.Look for bearish confirmation (rejection wick, bearish engulfing, BOS)
Target: 169.60 (key support)
This setup follows short term momentum and offers clean R:R into prior liquidity.
⚠️ Scenario B: Bullish Break & Hold (Orange Path)
1.If price breaks and closes above 172.250
2.Watch for continuation toward 173.750, our extended fib target
3.Structure shift + bullish PA would align with HTF bullish trend
This would confirm strength returning to the pair, ideal for HTF trend continuation traders.
🧠 Final Notes
• 171.00–171.70 is the reaction zone to watch
• HTFs remain bullish, but 4H momentum must flip to validate upside
• Let price confirm direction
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.