SELL EURJPY – 184.297

The trade is initiated based on strong bearish technical alignment across daily, H4, and H1 timeframes, with price below all key EMAs and RSI in oversold territory. The pattern identified is a false breakout above the 185.00 resistance on the H1 chart, followed by a sharp reversal, which is a classic bearish smart money signal. Fundamental sentiment is neutral, reducing the need for confirmation, but the technical confluence, including declining OBV volume and price within the high-volatility New York session, supports a high-confidence sell setup with an 18-pip stop loss outside the recent manipulation zone and take-profits at 40%, 65%, and 85% of the average hourly range.