GBPJPY swept the highs, broke structure, and is now giving signs of a clean retracement. There’s a visible FVG just below, and a small liquidity pocket that hasn’t been touched yet.
If price drops into that zone and respects it, we could see a strong bounce that takes us right back into the highs and beyond.
This setup looks like a simple buy-the-dip scenario, but only if the zone reacts cleanly. No rush. Let price come down. Watch for confirmation before thinking long.
Don’t chase it. Let it unfold.
If price drops into that zone and respects it, we could see a strong bounce that takes us right back into the highs and beyond.
This setup looks like a simple buy-the-dip scenario, but only if the zone reacts cleanly. No rush. Let price come down. Watch for confirmation before thinking long.
Don’t chase it. Let it unfold.
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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.