EUR JPY

Price hits daily zone :

This doesnt mean it automatically melts all the way down, but its possible to see weakness
As we can see in the chart above, price rejects the daily zone and goes down to the 4hour
zone making a break and retest.
Price then goes up and rejects the upper zone but goes all the way up again after only one
candle.
This shows manipulation and the probality of the real drop coming at a higher price.
Price then goes up to make a 3rd touch TL that matches the highest point of the zone that
was previously rejected.
Price went a little bit through the TL and now we only have to wait for a wick to start forming
and once price started retracing back to the point it broke the TL was a perfect entry.
Take profit on the 5m fresh ftr and SL a little above the point price started retracing.