Trade Plan: GBP/JPY — 4H AnalysisTrade Plan: GBP/JPY — 4H Analysis
Market Context
Pair: GBP/JPY
Timeframe: 4H
Date: 6th August 2025
Key Observation:
Price attacked weekly sell-side liquidity (PML).
CISD (Closed Inside Swing Demand) formed, showing bullish reaction.
Higher timeframe weekly buyside liquidity (PMH) is intact and a potential long-term target.
Bias: Bullish
Key Levels
PML (Weekly Sell-Side Liquidity): Price tapped into it and reversed.
PMH (Weekly Buyside Liquidity): Near 200.000, long-term target.
Fair Value Gaps (FVGs): Two bearish FVGs (red boxes) are marked as potential reaction zones.
Entry Criteria
Entry Zone: After confirmation of bullish dealing range above CISD.
Trigger: Price breaking above minor resistance (current consolidation zone near 196.143).
Confirmation: Lower timeframe bullish FVG inside context area.
Target
Short-Term Target: 1st FVG (near 197.300–197.700).
Mid-Term Target: 2nd FVG (near 198.200–198.700).
Long-Term Target: PMH near 200.000.
Stop Loss
Below recent swing low formed during liquidity sweep (below 195.000).
Notes
Patience Required: As title suggests, wait for bullish confirmation candle to close before entry.
Risk Management: Target minimum 2R reward before scaling out.
Invalidation: Price closing below CISD and not showing bullish FVG in lower timeframe.
