🔥 Pro Trade Plan – GBP/JPY
🗓️ Date: May 15, 2025
🧾 Style: Discretionary | Raw Price Action | Institutional Flow Logic
🧭 Market Narrative & Multi-TF View:
1H: Price coiling tightly under 196.20. Wicks showing absorption near highs. Volatility compression = breakout likely.
4H: Consolidation just below previous supply. Strong demand from 195.00 zone holding firm.
1D: Structural pivot. Buyers showing dominance with higher lows but stuck under ceiling.
Weekly: Mid-structure churn. Trend still bullish-biased, but 196.50–198.00 key resistance area.
🎯 Trade Strategy Breakdown
✅ Primary Trade Idea: Breakout Long (Pending Order)
Type: Intraday to short-term swing
Status: 🟡 Pending Breakout – Not Yet Triggered
Trigger: H1 or H4 candle close above 196.20
Order Type: Pending Buy Stop @ 196.25
Stop Loss: 195.20 (below 4H structure low)
Take Profits:
TP1: 196.80 (gap fill)
TP2: 197.50 (weekly resistance touch)
TP3: 198.20 (extended HTF supply zone)
Confidence: 🔵 80%
Reason: Solid support below, compression pattern, potential for volatility burst.
My Forecast: Breakout likely after compression. I would personally take this setup with tight control on SL if liquidity sweep occurs first.
My Forecast: This is tactical – if no clean breakout, we might trap late buyers, dip back to range low. I would only consider it if I see full rejection confirmation.
🧪 Forecast Summary & Execution Logic
✅ Most likely outcome: Breakout to upside after 196.20 breach
❗ Do not enter early — wait for candle close above 196.20
🧠 I would set a pending buy stop and watch volume at the break
❌ Avoid market buys without structure confirmation
🛠️ Final Execution Checklist:
Criteria Status
Compression below resistance ✅
Institutional liquidity nearby ✅
MTF bias aligned (1H–4H–1D) ✅
Breakout confirmation candle ⏳ Waiting
Volume + PA signal ⏳ Waiting
💬 What I Would Do:
I will only execute the Buy plan if 196.20 breaks with a solid body and confirmation on H1/H4.
I'd place a Buy Stop @ 196.25 with a defined SL.
If price rejects violently with a proper reversal signal, I’ll shift focus to the tactical short plan but with reduced size.
No market orders pre-break — disciplined entry only.
🗓️ Date: May 15, 2025
🧾 Style: Discretionary | Raw Price Action | Institutional Flow Logic
🧭 Market Narrative & Multi-TF View:
1H: Price coiling tightly under 196.20. Wicks showing absorption near highs. Volatility compression = breakout likely.
4H: Consolidation just below previous supply. Strong demand from 195.00 zone holding firm.
1D: Structural pivot. Buyers showing dominance with higher lows but stuck under ceiling.
Weekly: Mid-structure churn. Trend still bullish-biased, but 196.50–198.00 key resistance area.
🎯 Trade Strategy Breakdown
✅ Primary Trade Idea: Breakout Long (Pending Order)
Type: Intraday to short-term swing
Status: 🟡 Pending Breakout – Not Yet Triggered
Trigger: H1 or H4 candle close above 196.20
Order Type: Pending Buy Stop @ 196.25
Stop Loss: 195.20 (below 4H structure low)
Take Profits:
TP1: 196.80 (gap fill)
TP2: 197.50 (weekly resistance touch)
TP3: 198.20 (extended HTF supply zone)
Confidence: 🔵 80%
Reason: Solid support below, compression pattern, potential for volatility burst.
My Forecast: Breakout likely after compression. I would personally take this setup with tight control on SL if liquidity sweep occurs first.
My Forecast: This is tactical – if no clean breakout, we might trap late buyers, dip back to range low. I would only consider it if I see full rejection confirmation.
🧪 Forecast Summary & Execution Logic
✅ Most likely outcome: Breakout to upside after 196.20 breach
❗ Do not enter early — wait for candle close above 196.20
🧠 I would set a pending buy stop and watch volume at the break
❌ Avoid market buys without structure confirmation
🛠️ Final Execution Checklist:
Criteria Status
Compression below resistance ✅
Institutional liquidity nearby ✅
MTF bias aligned (1H–4H–1D) ✅
Breakout confirmation candle ⏳ Waiting
Volume + PA signal ⏳ Waiting
💬 What I Would Do:
I will only execute the Buy plan if 196.20 breaks with a solid body and confirmation on H1/H4.
I'd place a Buy Stop @ 196.25 with a defined SL.
If price rejects violently with a proper reversal signal, I’ll shift focus to the tactical short plan but with reduced size.
No market orders pre-break — disciplined entry only.
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.