FX:GBPJPY   Paun British / Yen Jepun
The previous structure got broken and a new fractal high was created, price then dropped to the breaker level and made a pullback to the supply zone. The demand zone led to a massive drop which changed the character, a doji candlestick emerged to, aggressively went bullish and created inefficiency. The market price is currently within a rejection zone, if this zone gets invalidated then we monitor how price reacts to the internal liquidity pool and order block respectively, the idea is to go bearish and fill the imbalance…

Penafian

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