EURJPY: Sell-the-Top at Bearish Channel Resistance

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EURJPY: Sell-the-Top at Bearish Channel ResistanceEuro vs Japanese YenTICKMILL:EURJPYraiaanko39Hello Trading Fam! 👋 Context: While the short-term movement is in a rising orange channel, the Overall Bearish sentiment is dictated by a massive descending broadening wedge (purple lines). The Setup: Price has rallied into a Supply Zone (green box) near 185.000, which aligns perfectly with the upper resistance of the long-term wedge. The Strategy: The "Look for Shorts" label suggests that the temporary bullish rally is exhausted, expecting a rejection toward the lower side of the wedge. Don’t forget to like and share your thoughts in the comments! ❤️