GBP/JPY - Trade Setup

94
⚡ GBP/JPY 1H Breakdown – Samurai Short Setup ⚡

The beast is showing its hand again – let’s cook this setup 🍣👇

🕐 1H Structure

Price tapped into that 4H supply zone sitting just above the 71% fib pocket. We had a clean shift in market structure (SHIFTTT 🛑), and now price is chilling below that level – classic distribution vibes.

📍 Key Levels

Entry: 200.06 (short trigger after the retest)

Stop: 200.47 (above the BSL / invalidation zone)

Target: 198.00 (next demand / liquidity resting below)

R:R ratio = ~5R – heavy sniper play 🎯

🧠 Technical Breakdown

BSL taken: Buy-side liquidity above the swing high got swiped, perfect trap for the bears.

Structure shift: Market flipped bearish after rejection, confirming supply in control.

Confluence: 4H supply + 71% fib + liquidity grab = textbook high-probability short.

🎯 Play Idea

Looking to ride shorts down into the demand zone around 198.00. If stop gets clipped, that means bulls ain’t done hunting yet, but structure says bears got the edge.

✅ Summary

GBP/JPY lining up a short wave – clean liquidity sweep, structure shift, and high R:R. Samurai precision needed here 🗡.

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.