EURJPY – Dealing Range + BB + FVG Confluence SetupPrice has clearly defined a Dealing Range between the 4H highs (DRH) and lows (DRL).
After sweeping the Buy-Side Liquidity (BSL) we observed a Market Structure Shift (MSS) to the downside — signaling a potential bearish dealing range rotation.
Now, price is retracing into a confluence zone between the Breaker Block and Fair Value Gap (FVG) around 177.20–177.50, aligning perfectly with the equilibrium of this dealing range.
Expecting continuation lower toward Sell-Side Liquidity (SSL) around 174.80.
📊 Flow Summary:
Buy-side liquidity taken (BSL ✅)
Market structure shifted bearish (MSS ⚡️)
Retracement into premium zone (Breaker + FVG confluence 🎯)
Targeting sell-side liquidity below DRL (174.80 📉)
🔁 ICT Logic:
Liquidity → Shift → Retrace → Deliver
Ifvg_consequent_encroachment
EURUSD BUY TO MITIGATE WKLY IFVG & ULTIMATELY SELL TO MNTHLY FVGOn weekly tf we can clearly spot an inverse FVG which price will likely mitigate before going back down to fill monthly FVG. Considering the bullish trend as come to an end for EU looking at MNTLY TF, a clear shift in market structure will ultimately lead to a small retracement into fair value price or premium as price is currently at discount price. Dropping down to 4HR Tf we can see that there’s a 4HR bullish IFVG as well which will serve as a point of entry for price to go straight to weekly bearish IFVG and ultimately shooting back down to fill monthly FVG.

