Even though it’s midweek, I wanted to share an update on GBPJPY and walk you through the process so far.
Price has been showing clear bullish structure from the 4H down to the 30M, so I remained patient and waited for price to revisit and mitigate a bullish order block — and that’s exactly what we got.
Now that mitigation has played out, I’m watching closely for LTF confirmations to line up. Ideally looking for entry opportunities around 196.006 – 195.922, depending on how the lower timeframes react and confirm.
Not rushing anything — just executing based on structure, mitigation, and confirmation. I’ll continue updating as price develops.
#GBPJPY #SMC #OrderBlock #SmartMoneyConcepts #PriceAction #ForexTrading #GJSetup #MidweekOutlook #InducementKing #DayTrader
Bless Trading!
Price has been showing clear bullish structure from the 4H down to the 30M, so I remained patient and waited for price to revisit and mitigate a bullish order block — and that’s exactly what we got.
Now that mitigation has played out, I’m watching closely for LTF confirmations to line up. Ideally looking for entry opportunities around 196.006 – 195.922, depending on how the lower timeframes react and confirm.
Not rushing anything — just executing based on structure, mitigation, and confirmation. I’ll continue updating as price develops.
#GBPJPY #SMC #OrderBlock #SmartMoneyConcepts #PriceAction #ForexTrading #GJSetup #MidweekOutlook #InducementKing #DayTrader
Bless Trading!
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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.