EURJPY

Risk Management Reminder:

Place your stop loss below the breaker block and target the next resistance area. Always use proper position size.

This is a higher-timeframe bias setup on the 15m. As always, trade with caution and manage your risk.

So you are waiting to be filled in?

EUR/JPY Buy Setup (Multi-Timeframe Breakout)

Hey community, here's a clean bullish setup I'm taking right now on EURJPY.

The Analysis (simple breakdown):

- Daily Timeframe: Price rejected from a clear daily resistance level. This shows sellers tried to push higher but failed.

- 4H Timeframe: We got a strong breakout above the recent range. There was a single big candle that swept liquidity (inducement) below the 4H resistance, then price rejected that level and broke higher.

- 1H Timeframe: Price confirmed the move with a clean breakout above the 1H resistance zone.

Entry: I'm buying from the 1H breakout resistance zone (where the breakout happened).

Expectation: Bullish continuation to the upside.

This is a classic higher-timeframe rejection + lower-timeframe breakout setup. Risk is well-defined below the recent 1H structure.

Let's see how it plays out! 🚀

TP 1 smashed

TP 2 Overall target

good one

TP 2 target , still moving