Looking To SELL EURJPY Above 145 On This Siganl.....

We are now approaching a big Monthly SUPPLY/SELL which starts around 145 which we have more or less touched twice so expecting an impulse rallly up through this level towards the 146 level which is actaully a nice Weekly SUPPLY/SELL zone inside the Monthly so is a nice area to get in to a short on a R/R basis.

I will be waiting for a break of 145 and then for my Trend Reversal King indicator to give a SELL signal on timeframes above the 4hr stop loss will be well above the Weekly SUPPLY/SELL zone marked on the chart.

Target for this position will the DEMAND/BUY zone that starts around 136 and lower.

Again will only enter this position if the signal occurs