GBPJPY is currently trading inside a major resistance and supply zone around 215.50 – 216.20, where multiple liquidity levels have been taken. Price has tapped a strong support-turned-resistance area, making this a key decision point for the market.
🔹 Market Structure: Bullish overall, but signs of weakness are appearing near resistance.
🔹 Liquidity Target: Buy-side liquidity has been swept, increasing the probability of a deeper retracement.
🔹 Bearish Scenario: A rejection from the current zone could trigger a move toward the sell-side liquidity (SSL) around 211.30.
🔹 Key Level: Watch for confirmation before entering, as the market may seek liquidity before the next major move.
📌 This analysis is based on Smart Money Concepts (SMC), liquidity, BOS, and CHoCH structures. Always wait for confirmation and manage risk properly.
🔹 Market Structure: Bullish overall, but signs of weakness are appearing near resistance.
🔹 Liquidity Target: Buy-side liquidity has been swept, increasing the probability of a deeper retracement.
🔹 Bearish Scenario: A rejection from the current zone could trigger a move toward the sell-side liquidity (SSL) around 211.30.
🔹 Key Level: Watch for confirmation before entering, as the market may seek liquidity before the next major move.
📌 This analysis is based on Smart Money Concepts (SMC), liquidity, BOS, and CHoCH structures. Always wait for confirmation and manage risk properly.
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
Join telegram channel for more updates
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.