🌏Macro still supports GBPJPY in the short term, with a better risk tone, a weaker yen, and elevated oil prices. But technically, price is becoming stretched and now compressing near the highs.
💡That opens the door for a common liquidity pattern: one final push into confluence resistance, followed by rejection and a pullback into the 215.00 area.
📌Setup:
Sell only if price sweeps the recent high and shows clear rejection
Stop loss above 216.30
TP1 at 215.00
TP2 at 214.50
🔴The thesis weakens if price accepts above 216.00 and sustains the breakout.
⚠️This content is for educational and informational purposes only. It is not financial advice. Always manage your risk with discipline.
If this analysis added value:
👍like the post
💬comment your bias
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FX Liquidity Lab
Understand liquidity. Anticipate the move.
💡That opens the door for a common liquidity pattern: one final push into confluence resistance, followed by rejection and a pullback into the 215.00 area.
📌Setup:
Sell only if price sweeps the recent high and shows clear rejection
Stop loss above 216.30
TP1 at 215.00
TP2 at 214.50
🔴The thesis weakens if price accepts above 216.00 and sustains the breakout.
⚠️This content is for educational and informational purposes only. It is not financial advice. Always manage your risk with discipline.
If this analysis added value:
👍like the post
💬comment your bias
⭐and follow the profile for more studies on liquidity, structure, and price action.
FX Liquidity Lab
Understand liquidity. Anticipate the move.
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.
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.