Bias: Bullish
I’m expecting further upside continuation on GBP/JPY based on a confluence of smart money principles and higher timeframe structure.
🧠 Reason for Buying:
🔹 HTF Bullish Structure:
Price remains in a clear bullish trend across the Weekly, Daily and 4H timeframes, consistently forming higher highs and higher lows. This trade aligns with that higher timeframe narrative.
🔹 Liquidity Sweep
🔹 CISD
🔹 Rejection from a FVG
🎯 Trade Details:
Entry: 197.540
Stop Loss: 197.199 (invalidation point)
Take Profit: 198.813
🎯 Why I’m Targeting 198.813:
This level aligns with:
🔸 Untapped Buy-Side Liquidity: Clean highs from previous price action likely hold resting buy orders (liquidity pool).
🔸 Round Number Magnet: 198.800 is a psychological level that can act as a price magnet, especially when aligned with technical confluence.
⚖️ Risk to Reward: 3.7R+
A high-probability trade with favorable reward relative to risk. Trade management will be key — partials can be taken as price approaches interim highs.
I’m expecting further upside continuation on GBP/JPY based on a confluence of smart money principles and higher timeframe structure.
🧠 Reason for Buying:
🔹 HTF Bullish Structure:
Price remains in a clear bullish trend across the Weekly, Daily and 4H timeframes, consistently forming higher highs and higher lows. This trade aligns with that higher timeframe narrative.
🔹 Liquidity Sweep
🔹 CISD
🔹 Rejection from a FVG
🎯 Trade Details:
Entry: 197.540
Stop Loss: 197.199 (invalidation point)
Take Profit: 198.813
🎯 Why I’m Targeting 198.813:
This level aligns with:
🔸 Untapped Buy-Side Liquidity: Clean highs from previous price action likely hold resting buy orders (liquidity pool).
🔸 Round Number Magnet: 198.800 is a psychological level that can act as a price magnet, especially when aligned with technical confluence.
⚖️ Risk to Reward: 3.7R+
A high-probability trade with favorable reward relative to risk. Trade management will be key — partials can be taken as price approaches interim highs.
Ordine annullato
Price deliver to my target without tagging my entry limit, NO FOMO we wait for another one
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.