EURJPY Analysis 🧠 | 15M Timeframe
Price has tapped into the Premium Area, reacting off a high-probability Fair Value Gap (FVG) and Order Block confluence.
Signs of rejection are starting to show, but momentum wasn't strong enough to push lower before hitting breakeven.
Key Observations:
Price aggressively tapped the Premium zone (around 79% retracement).
Reaction from the embedded Fair Value Gap inside the premium zone.
Possible minor liquidity sweep above recent highs (Strong High marked).
Discounted zone below remains wide open as a potential future target.
🧠 Smart Money Concept Insight:
Big players often drive price into a Premium Area, triggering breakout trades and trapping liquidity.
After the liquidity is harvested, price tends to rebalance into the Discount Area.
Today, price showed initial bearish reaction but lacked immediate continuation strength — resulting in breakeven protection hit.
Current Trading Plan:
Continue monitoring EURJPY for renewed bearish order flow signs.
TP1 (if re-entry occurs): Mid Discount Area
TP2: Weak Low liquidity sweep below
SL (for any re-entries): Above Strong High
Remember:
📚 Premium = Look for Sell Opportunities
📚 Discount = Look for Buy Opportunities
Stay patient, protect your capital, and wait for price to confirm the next move.
📉 Focus on Smart Money footprints, not emotions.
Price has tapped into the Premium Area, reacting off a high-probability Fair Value Gap (FVG) and Order Block confluence.
Signs of rejection are starting to show, but momentum wasn't strong enough to push lower before hitting breakeven.
Key Observations:
Price aggressively tapped the Premium zone (around 79% retracement).
Reaction from the embedded Fair Value Gap inside the premium zone.
Possible minor liquidity sweep above recent highs (Strong High marked).
Discounted zone below remains wide open as a potential future target.
🧠 Smart Money Concept Insight:
Big players often drive price into a Premium Area, triggering breakout trades and trapping liquidity.
After the liquidity is harvested, price tends to rebalance into the Discount Area.
Today, price showed initial bearish reaction but lacked immediate continuation strength — resulting in breakeven protection hit.
Current Trading Plan:
Continue monitoring EURJPY for renewed bearish order flow signs.
TP1 (if re-entry occurs): Mid Discount Area
TP2: Weak Low liquidity sweep below
SL (for any re-entries): Above Strong High
Remember:
📚 Premium = Look for Sell Opportunities
📚 Discount = Look for Buy Opportunities
Stay patient, protect your capital, and wait for price to confirm the next move.
📉 Focus on Smart Money footprints, not emotions.
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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.