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EURJPY 20M, Option #4.
EURJPY
, 20
EURJPY: EURJPY 20M, Option #4.

This is why I like having more than one idea about what price could potentially decide to do. If I was fixated on option #1 only (see linked idea), I wouldn't have caught this trade because I would have never included option #4 while doing my chart analysis. I'm very new to posting on TradingView but I hope I'll be able to help someone from my posts :)

EURJPY H1, price can do one of these.
EURJPY
, 60
EURJPY: EURJPY H1, price can do one of these.

Going from trade multiple pairs and now focusing on one currency pair for awhile has taught me to never believe that you are 100% sure about what price "will do". I have learnt that including multiple outcomes in my analysis is one of the keys to making better trading decisions. Therefore, the above chart shows 4 possible setups that could potentially take...

EURJPY H4, possible short trade!
EURJPY
, 240
EURJPY: EURJPY H4, possible short trade!

Confirmations: - Possible Head and Shoulders pattern (right shoulder currently forming). - Price could possibly hit the H4 trend line for a 4th time before selling. - Break and possible retest in this same zone. - Multiple lower highs which could signal a change in trend. All of the above confirmations combined create an "energy zone" based on my trading...

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