Well, by examining the 1-hour EURJPY chart we can figure out the price has the potential to rise after collecting the sell-side liquidity.
In this case, we can define the bullish FVG which is below the sell-side liquidity, also this FVG aligns with the 50% previous upward leg and we have a lot of buy-side liquidity that can defined as targets.
All in all, we can expect the price to move lower to collect the sell side liquidity then hit the FVG, and then we will look for an LTF confirmation.
💡Wait for the update!
🗓️01/03/2024
🔎 DYOR
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