AUDJPY Buy Setup: HTF Liquidity Sweep & LTF Breakout

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AUDJPY Buy Setup: HTF Liquidity Sweep & LTF BreakoutAustralian Dollar / Japanese YenFOREXCOM:AUDJPYGreggiBond📝 Overview We are tracking a potential Buy/Long position on AUDJPY, utilizing a multi-timeframe approach between the 1-Hour (HTF) and 5-Minute (LTF) charts. 🔍 Technical Breakdown 1-Hour Chart (HTF Perspective): Price swept recent lows to capture sell-side liquidity before aggressively rejecting upward. The current 1H candle is printing a strong, solid bullish body, signaling that buyers have stepped back into the market. 5-Minute Chart (LTF Execution): Following the sharp liquidity flush, price action shows a clear V-shaped recovery. Structure has shifted with a break of minor highs, confirming strong intraday bullish momentum. 🚀 Trade Parameters (Hypothetical Setup) Trade Type: Long / Buy Entry Price: 113.480 (Immediate momentum breakout / Market price) Stop Loss (SL): 113.050 (Placed safely below the recent 5m liquidity spike low) Take Profit 1 (TP1): 113.650 (First local structural resistance) Take Profit 2 (TP2): 113.800 (Major 1H structural high target)