GBPJPY Trade Idea | 1H Timeframe
Price recently tapped into a key supply zone / resistance trendline confluence, showing signs of a potential rejection from the liquidity grab area marked in yellow.
🔹 Liquidity Sweep above recent highs observed.
🔹 Price is reacting from the supply zone, indicating bearish intent.
🔹 Sell-side liquidity range marked below as potential target zone.
🔹 Expecting price to drop further toward 191.500 – 191.300 range after this minor pullback.
🎯 Entry: Around 192.400
🛑 SL: Above 193.300
✅ TP: 191.300 – Risk-Reward ~3.5R
A clean rejection setup after liquidity manipulation – following smart money concept.
Let me know your thoughts below 👇
#GBPJPY #SmartMoneyConcept #LiquiditySweep #ForexAnalysis #PriceAction #SMC #ForexTrading #SupplyAndDemand
Price recently tapped into a key supply zone / resistance trendline confluence, showing signs of a potential rejection from the liquidity grab area marked in yellow.
🔹 Liquidity Sweep above recent highs observed.
🔹 Price is reacting from the supply zone, indicating bearish intent.
🔹 Sell-side liquidity range marked below as potential target zone.
🔹 Expecting price to drop further toward 191.500 – 191.300 range after this minor pullback.
🎯 Entry: Around 192.400
🛑 SL: Above 193.300
✅ TP: 191.300 – Risk-Reward ~3.5R
A clean rejection setup after liquidity manipulation – following smart money concept.
Let me know your thoughts below 👇
#GBPJPY #SmartMoneyConcept #LiquiditySweep #ForexAnalysis #PriceAction #SMC #ForexTrading #SupplyAndDemand
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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.