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After completing a clean ABC symmetry leg, EURJPY is now showing signs of exhaustion just below 173.250, with price stalling at the high-volume node. The projected Potential Completion Zone (PCZ) aligns at 169.997 (78.6%) and 169.113 (100%), backed by volume profile voids and confluence from prior structure.
This symmetrical move offers a classic liquidity sweep play, with target zones sitting below price in thin auction areas.
📌 Pattern Structure:
A: 165.204
B: 161.071
C: 173.246
D Target = 1:1 Symmetry → PCZ = 169.997–169.113
🔻 Bearish Trigger:
Break below 23.6% retracement (172.271) = early momentum shift
Liquidity likely rests between 170.00–169.00
🎯 Targets:
T1: 169.997
T2: 169.113 (let's do T1, Them will see)
🧠 Context:
JPY strength resurfaces amid macro uncertainty. Volume profile suggests fast price drop once liquidity is triggered below 171.00. Watching for confirmation candle or rejection below 172.20 zone.
“Symmetry leads the setup, but liquidity confirms the move.”
After completing a clean ABC symmetry leg, EURJPY is now showing signs of exhaustion just below 173.250, with price stalling at the high-volume node. The projected Potential Completion Zone (PCZ) aligns at 169.997 (78.6%) and 169.113 (100%), backed by volume profile voids and confluence from prior structure.
This symmetrical move offers a classic liquidity sweep play, with target zones sitting below price in thin auction areas.
📌 Pattern Structure:
A: 165.204
B: 161.071
C: 173.246
D Target = 1:1 Symmetry → PCZ = 169.997–169.113
🔻 Bearish Trigger:
Break below 23.6% retracement (172.271) = early momentum shift
Liquidity likely rests between 170.00–169.00
🎯 Targets:
T1: 169.997
T2: 169.113 (let's do T1, Them will see)
🧠 Context:
JPY strength resurfaces amid macro uncertainty. Volume profile suggests fast price drop once liquidity is triggered below 171.00. Watching for confirmation candle or rejection below 172.20 zone.
“Symmetry leads the setup, but liquidity confirms the move.”
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.