📊 GBP/JPY - 1H SMC Analysis
🔹 Market Structure & Key Zones:
✅ A+ Level: 189.954 - 190.369 (Potential liquidity grab area)
✅ Key Resistance Zone: 190.233 - 190.369
✅ Major Target: 187.510 (Potential 250+ pip move)
🔹 Potential Trade Scenarios:
📉 Bearish Setup:
• Price is in a premium zone (190.233 - 190.369), making it a high-probability short area.
• If price reacts at the A+ Level, we could see a drop towards 187.510.
• Risk-free trade achieved above the resistance.
📈 Bullish Case (Low Probability):
• If price breaks and holds above 190.369, it may continue towards 190.63 - 190.85.
📌 Trade Plan:
🔹 Entry Idea: Sell from 189.954 - 190.369 zone.
🔹 Stop Loss: Above 190.85 (Safe zone).
🔹 Take Profit: 187.510 (250+ pips move).
💡 Conclusion:
• Watching for rejection at A+ Level for a short entry.
• If price fails to hold below 190.369, reevaluate the bias.
#GBPJPY #SmartMoney #ForexTrading #LiquidityGrab #OrderBlock #RiskManagement #FXFOREVER
🔹 Market Structure & Key Zones:
✅ A+ Level: 189.954 - 190.369 (Potential liquidity grab area)
✅ Key Resistance Zone: 190.233 - 190.369
✅ Major Target: 187.510 (Potential 250+ pip move)
🔹 Potential Trade Scenarios:
📉 Bearish Setup:
• Price is in a premium zone (190.233 - 190.369), making it a high-probability short area.
• If price reacts at the A+ Level, we could see a drop towards 187.510.
• Risk-free trade achieved above the resistance.
📈 Bullish Case (Low Probability):
• If price breaks and holds above 190.369, it may continue towards 190.63 - 190.85.
📌 Trade Plan:
🔹 Entry Idea: Sell from 189.954 - 190.369 zone.
🔹 Stop Loss: Above 190.85 (Safe zone).
🔹 Take Profit: 187.510 (250+ pips move).
💡 Conclusion:
• Watching for rejection at A+ Level for a short entry.
• If price fails to hold below 190.369, reevaluate the bias.
#GBPJPY #SmartMoney #ForexTrading #LiquidityGrab #OrderBlock #RiskManagement #FXFOREVER
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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.
fxforever
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.