NZD/JPY Long IdeaNZD/JPYOANDA:NZDJPYPantosFXI’m looking at NZDJPY on the 2H chart. The market was ranging for a while after a strong push up. We had highs around 93.80 and lows around 91.90. Clear liquidity sitting on both sides. Recently price dropped aggressively into the 0.50 retracement area around 92.85. That level lines up with previous structure and sits right in the middle of the range. But the key detail is this. Price wicked below the short term lows before bouncing. It took liquidity first. That tells me stops under those lows were cleared. That liquidity sweep is important for me. When I see equal lows taken and then price starts reacting, I pay attention. It often means the market grabbed sellside liquidity and now has room to move the other way. Right now price is sitting exactly around that 0.50 zone. If buyers step in and we start printing higher lows on lower timeframe, I’m interested in longs. The draw on liquidity for me is the highs around 93.80. That’s where stops are resting. My plan would be simple. As long as we hold above 92.80 and don’t get strong continuation down, I look for confirmation to go long targeting the range highs. If price breaks 92.80 with momentum and starts accepting below it, then the liquidity sweep idea fails and I step aside because that would mean sellers are still in control and price could push toward the bigger lows around 91.90.