Watching price action on the 4H timeframe shows strong respect for bullish momentum continuation. Price keeps pushing up, confirming the buyers are still in control.
Dropping down to the 30-minute chart now to refine the structure and scout for the next continuation move. The buy zone I’m watching is between 197.898 and 197.392 — right after the sell-side liquidity sweep around 198.188.
Once price sweeps that liquidity and touches my order block within my internal framework, I’ll be ready to enter buys, targeting the 30-minute structure highs as my initial take-profit zones.
If the structure doesn’t hold, and price breaks above the recent highs near 200.089, I’m open to the possibility of further bullish continuation.
However, if it pulls back instead of breaking higher, I’ll stay patient and wait for clear confirmation of direction from the lower timeframes before pulling the trigger.
Until then, it’s a waiting game — watching price play out and respecting what the market shows me.
GBPJPY Would be nice to see a retest at previous resistance around 199.500/199.200 before high 200s. Then, I might just hold for a while. Weekly looks good imo.
GBPJPY if price could push and hold above 200.500 I’m interested & can see 150+ pips incoming before another rebalance. Got my eyes on this technically & fundamentally last couple weeks