Market Analysis

With the way price is moving I don't know if price will reach my POI again today but let's see how price will trade today

Price is already reacting from that level

This went quite well in line with the news release.

Hope you can see that price failed and that caused your SL, I was careful about today price reactions

Exactly what I projected, nzd dropped from the rectangle level

Yeah sl taken

JP225 — 30M Structure

Dropping into the 30-minute chart, the bearish reaction becomes even clearer.

Price pushed into the upper POI, failed to sustain itself there, and sold off aggressively toward 65,100.

That displacement tells me sellers are active.

I’m not interested in chasing the move, though. A retracement would offer much better information.

The setup I'm tracking is straightforward:

Bias: Bearish

HTF POI: Upper supply

Reaction: Strong bearish displacement

Current location: ~65,350

Plan: Wait for retracement + bearish confirmation

Draw on liquidity: ~63,700

Price has already shown me that sellers are willing to defend the upper region.

Now I want the market to retrace, give me a clean confirmation, and potentially offer an opportunity to participate in the next leg lower.

No confirmation, no trade.

I took it with GBPCAD. I use it to recover my losses of today

Let's see how price will react

Let's see how price will react