USDJPY | OB Tap Before Liquidity Grab?

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🧠 Contextual Overview:

Price: 144.085

The chart shows two key Order Blocks (OB):

Upper OB: 145.600 – 146.000 (with Fair Value Gap [FVG] and External Range Liquidity above)

Lower OB: 143.800 – 144.200 (current price near this zone)




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🔍 Market Structure:

The market has made a lower high and is retracing back into a bullish order block.

Liquidity above the 146.000 mark suggests a potential long-term target.

FVG just above the current price indicates inefficiency likely to be filled.



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📥 Trade Setup: Long (Buy)

✅ Entry (Buy Limit):

144.000 – 144.100 (within the lower OB)


🛡️ Stop Loss (SL):

143.750 (below the OB zone, structure invalidation)


🎯 Take Profit (TP):

TP1: 144.800 (close to recent highs / FVG fill)

TP2: 145.700 (inside upper OB)

TP3: 146.000+ (liquidity sweep potential)



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📊 Risk-to-Reward Ratio (Approx.):

TP1: ~1.8R

TP2: ~3R

TP3: ~4.5R



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📌 Trade Idea Summary:

Bias: Bullish from the lower order block.

Reason: OB support, inefficient pricing (FVG), and external liquidity above.

Confirmation: Optional entry confirmation like bullish engulfing / market structure shift on 15M for refined entry.

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