### **📈 USDJPY Trade Idea - Bullish Bias**
**🔍 Market Outlook:**
I am considering **USDJPY bullish** based on the following factors:
✅ **Previous Month Low Sweep:** The price has recently swept the **previous month's low**, signaling potential accumulation before a move higher. 🧹
✅ **Bullish Monthly Bias:** With the previous low swept, the next target is **monthly buy-side liquidity**, indicating a strong potential for an upward move. 📅💰
✅ **Break of Structure (BOS):** A shift in market structure is evident, supporting the continuation of the bullish trend. 📊
✅ **SMC Alignment:** This setup is in line with **Smart Money Concepts**, suggesting institutional involvement in pushing prices higher. 🏦
### **📌 Trade Plan:**
🔹 **Entry:** Look for a retracement or consolidation near the **previous month's low** before entering long positions. ⏳
🔹 **Stop Loss:** Below the **sweep low** or swing low, with a reasonable buffer for invalidation. 🚨
🔹 **Take Profit:** Target the **monthly buy-side liquidity** zone for profit-taking. 🎯💵
🔹 **Confluence:** Wait for confirmation of **bullish order flow** and additional **BOS** on lower timeframes (LTF). 🔄
Let me know if you'd like a chart or further analysis! 📊
**🔍 Market Outlook:**
I am considering **USDJPY bullish** based on the following factors:
✅ **Previous Month Low Sweep:** The price has recently swept the **previous month's low**, signaling potential accumulation before a move higher. 🧹
✅ **Bullish Monthly Bias:** With the previous low swept, the next target is **monthly buy-side liquidity**, indicating a strong potential for an upward move. 📅💰
✅ **Break of Structure (BOS):** A shift in market structure is evident, supporting the continuation of the bullish trend. 📊
✅ **SMC Alignment:** This setup is in line with **Smart Money Concepts**, suggesting institutional involvement in pushing prices higher. 🏦
### **📌 Trade Plan:**
🔹 **Entry:** Look for a retracement or consolidation near the **previous month's low** before entering long positions. ⏳
🔹 **Stop Loss:** Below the **sweep low** or swing low, with a reasonable buffer for invalidation. 🚨
🔹 **Take Profit:** Target the **monthly buy-side liquidity** zone for profit-taking. 🎯💵
🔹 **Confluence:** Wait for confirmation of **bullish order flow** and additional **BOS** on lower timeframes (LTF). 🔄
Let me know if you'd like a chart or further analysis! 📊
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
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.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
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.