Trade Plan: GBP/JPY — 4H Analysis
Market Context
Pair: GBP/JPY
Timeframe: 4H
Date: 6th August 2025
Key Observation:
Price attacked weekly sell-side liquidity (PML).
CISD (Closed Inside Swing Demand) formed, showing bullish reaction.
Higher timeframe weekly buyside liquidity (PMH) is intact and a potential long-term target.
Bias: Bullish
Key Levels
PML (Weekly Sell-Side Liquidity): Price tapped into it and reversed.
PMH (Weekly Buyside Liquidity): Near 200.000, long-term target.
Fair Value Gaps (FVGs): Two bearish FVGs (red boxes) are marked as potential reaction zones.
Entry Criteria
Entry Zone: After confirmation of bullish dealing range above CISD.
Trigger: Price breaking above minor resistance (current consolidation zone near 196.143).
Confirmation: Lower timeframe bullish FVG inside context area.
Target
Short-Term Target: 1st FVG (near 197.300–197.700).
Mid-Term Target: 2nd FVG (near 198.200–198.700).
Long-Term Target: PMH near 200.000.
Stop Loss
Below recent swing low formed during liquidity sweep (below 195.000).
Notes
Patience Required: As title suggests, wait for bullish confirmation candle to close before entry.
Risk Management: Target minimum 2R reward before scaling out.
Invalidation: Price closing below CISD and not showing bullish FVG in lower timeframe.
Market Context
Pair: GBP/JPY
Timeframe: 4H
Date: 6th August 2025
Key Observation:
Price attacked weekly sell-side liquidity (PML).
CISD (Closed Inside Swing Demand) formed, showing bullish reaction.
Higher timeframe weekly buyside liquidity (PMH) is intact and a potential long-term target.
Bias: Bullish
Key Levels
PML (Weekly Sell-Side Liquidity): Price tapped into it and reversed.
PMH (Weekly Buyside Liquidity): Near 200.000, long-term target.
Fair Value Gaps (FVGs): Two bearish FVGs (red boxes) are marked as potential reaction zones.
Entry Criteria
Entry Zone: After confirmation of bullish dealing range above CISD.
Trigger: Price breaking above minor resistance (current consolidation zone near 196.143).
Confirmation: Lower timeframe bullish FVG inside context area.
Target
Short-Term Target: 1st FVG (near 197.300–197.700).
Mid-Term Target: 2nd FVG (near 198.200–198.700).
Long-Term Target: PMH near 200.000.
Stop Loss
Below recent swing low formed during liquidity sweep (below 195.000).
Notes
Patience Required: As title suggests, wait for bullish confirmation candle to close before entry.
Risk Management: Target minimum 2R reward before scaling out.
Invalidation: Price closing below CISD and not showing bullish FVG in lower timeframe.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
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.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
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.