Pair: USDJPY
Bias: Bullish (HTF continuation, monitoring for deeper retracement)
⸻
HTF Overview (4H / Daily): Price continued with bullish orderflow, breaching mid-term and higher timeframe highs, delivering into major external liquidity.
Last week’s idea anticipated liquidity engineering into a POI for continuation, which was respected. Price tapped into the order block with inducement and delivered an aggressive expansion.
However, no secondary entry formed — momentum showed strong institutional participation, offering no clean retracement or inducement sweep for re-entry.
⸻
Price Behavior: No valid lower timeframe structure shift presented after the initial decline.
Continuation lacks without a proper shift confirmation model, reinforcing: No shift = no entry. Discipline maintained.
⸻
Current Positioning (Going Into This Week): After breaching HTF highs, price initiated a deep liquidity run, sweeping inducement & engineering and reacting from a higher timeframe order block.
Momentum suggests potential for:
● Deeper retracement into HTF POIs
● Rebalancing inefficient price action
Lower timeframe currently lacks bullish structure, so immediate continuation entries are not favorable.
⸻
Execution Plan:
● Monitor for deeper range expansion into HTF POIs
● Wait for clear LTF structure shift (5M confirmation model)
● Avoid chasing highs without internal confirmation
If bullish continuation resumes, it will likely form:
● Near internal highs OR
● After deeper sweep into discounted zones
⸻
Targets:
● External liquidity above recent major highs
● Continuation of bullish HTF delivery
Patience over prediction. Tracking orderflow > forcing entries.
⸻
Watchlist Bias:
● AUDJPY – Bullish
● GBPJPY – Bullish
● CADJPY – Bullish
● EURGBP – Bullish
● EURUSD – Bullish
● USDCHF – Bearish
● USDCAD – Bearish
● AUDCAD – Bullish (short-term bearish)
● GBPUSD – Bullish
⸻
Note: Strong momentum phases won’t always offer re-entry. The edge is in waiting for price to come back into my framework — not chasing price outside of it.
GBPUSD – Supplemental Outlook
Price has successfully breached midterm system highs, confirming bullish higher timeframe intent.
Current expectation is for sell-side liquidity to be engineered and swept, delivering price into a mid-term order block for mitigation.
From that point, I’ll be monitoring for:
Clear lower timeframe shift back to bullish
Confirmation of re-accumulation
Execution Plan:
No participation until sell-side liquidity is taken and price reaches the HTF POI.
Targets:
Mid-term highs
Continuation of HTF bullish delivery
Note:
This is a patience-based setup — waiting for discount pricing rather than chasing premium highs.
Bias: Bullish (HTF continuation, monitoring for deeper retracement)
⸻
HTF Overview (4H / Daily): Price continued with bullish orderflow, breaching mid-term and higher timeframe highs, delivering into major external liquidity.
Last week’s idea anticipated liquidity engineering into a POI for continuation, which was respected. Price tapped into the order block with inducement and delivered an aggressive expansion.
However, no secondary entry formed — momentum showed strong institutional participation, offering no clean retracement or inducement sweep for re-entry.
⸻
Price Behavior: No valid lower timeframe structure shift presented after the initial decline.
Continuation lacks without a proper shift confirmation model, reinforcing: No shift = no entry. Discipline maintained.
⸻
Current Positioning (Going Into This Week): After breaching HTF highs, price initiated a deep liquidity run, sweeping inducement & engineering and reacting from a higher timeframe order block.
Momentum suggests potential for:
● Deeper retracement into HTF POIs
● Rebalancing inefficient price action
Lower timeframe currently lacks bullish structure, so immediate continuation entries are not favorable.
⸻
Execution Plan:
● Monitor for deeper range expansion into HTF POIs
● Wait for clear LTF structure shift (5M confirmation model)
● Avoid chasing highs without internal confirmation
If bullish continuation resumes, it will likely form:
● Near internal highs OR
● After deeper sweep into discounted zones
⸻
Targets:
● External liquidity above recent major highs
● Continuation of bullish HTF delivery
Patience over prediction. Tracking orderflow > forcing entries.
⸻
Watchlist Bias:
● AUDJPY – Bullish
● GBPJPY – Bullish
● CADJPY – Bullish
● EURGBP – Bullish
● EURUSD – Bullish
● USDCHF – Bearish
● USDCAD – Bearish
● AUDCAD – Bullish (short-term bearish)
● GBPUSD – Bullish
⸻
Note: Strong momentum phases won’t always offer re-entry. The edge is in waiting for price to come back into my framework — not chasing price outside of it.
GBPUSD – Supplemental Outlook
Price has successfully breached midterm system highs, confirming bullish higher timeframe intent.
Current expectation is for sell-side liquidity to be engineered and swept, delivering price into a mid-term order block for mitigation.
From that point, I’ll be monitoring for:
Clear lower timeframe shift back to bullish
Confirmation of re-accumulation
Execution Plan:
No participation until sell-side liquidity is taken and price reaches the HTF POI.
Targets:
Mid-term highs
Continuation of HTF bullish delivery
Note:
This is a patience-based setup — waiting for discount pricing rather than chasing premium highs.
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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.
Related publications
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.
