📈 GBPJPY – Smart Money Story Unfolding 📖
The bears had full control, breaking structure several times and confirming their dominance after a clear CHOCH near 198.200. Each drop left behind footprints—Fair Value Gaps (FVGs) and untapped liquidity—marking where smart money had been active.
But just as the market reached a deep discount zone, price tapped into an unmitigated demand area and swept liquidity below the previous low. Classic smart money behavior—grab the stops, then react.
Now, the bulls have entered the scene with intent. The strong reaction from 195.689–196.080 suggests possible accumulation and a shift in momentum. If this holds, we could see price revisit the upper FVGs around 198.800, where more liquidity awaits.
But if price fails to hold this base, the bearish flow continues. Watch how this story unfolds—liquidity is king, and smart money never sleeps.
The bears had full control, breaking structure several times and confirming their dominance after a clear CHOCH near 198.200. Each drop left behind footprints—Fair Value Gaps (FVGs) and untapped liquidity—marking where smart money had been active.
But just as the market reached a deep discount zone, price tapped into an unmitigated demand area and swept liquidity below the previous low. Classic smart money behavior—grab the stops, then react.
Now, the bulls have entered the scene with intent. The strong reaction from 195.689–196.080 suggests possible accumulation and a shift in momentum. If this holds, we could see price revisit the upper FVGs around 198.800, where more liquidity awaits.
But if price fails to hold this base, the bearish flow continues. Watch how this story unfolds—liquidity is king, and smart money never sleeps.
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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.