WAITING FOR A BOS CONFIRMATION ON LOWER TIME FRAME
📉 GBP/JPY SHORT SETUP 🔥
Smart Money Confluences Lined Up
🔍 Key Confluences:
✅ Premium Supply Zone
Price is reacting to a 2H Order Block + 1H Fair Value Gap — a stacked area of supply where institutions typically sell from.
✅ Liquidity Sweep Confirmed
Price swept above recent highs before entering the OB. Classic stop hunt / inducement move before a potential reversal.
✅ Bearish Rejection Forming
Price is stalling in the OB. Watching for a bearish engulfing or break of structure on 15M/1H for entry confirmation.
🎯 Target Zones:
🟦 TP1: 4H Fair Value Gap — ideal for partials
📉 TP2: Structure support zone
🟩 TP3: Equal lows/liquidity pool — full target
📊 Bias: Bearish
⏱ Timeframes: 1H / 2H / 4H
🔐 Risk: Above OB EQ (0.5)
📉 GBP/JPY SHORT SETUP 🔥
Smart Money Confluences Lined Up
🔍 Key Confluences:
✅ Premium Supply Zone
Price is reacting to a 2H Order Block + 1H Fair Value Gap — a stacked area of supply where institutions typically sell from.
✅ Liquidity Sweep Confirmed
Price swept above recent highs before entering the OB. Classic stop hunt / inducement move before a potential reversal.
✅ Bearish Rejection Forming
Price is stalling in the OB. Watching for a bearish engulfing or break of structure on 15M/1H for entry confirmation.
🎯 Target Zones:
🟦 TP1: 4H Fair Value Gap — ideal for partials
📉 TP2: Structure support zone
🟩 TP3: Equal lows/liquidity pool — full target
📊 Bias: Bearish
⏱ Timeframes: 1H / 2H / 4H
🔐 Risk: Above OB EQ (0.5)
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.