Siddhantmhaiske

Liquidity hunt : GBPJPY

Long
FX:GBPJPY   British Pound / Japanese Yen
Price is consolidating in that small area between buyside and Sellside liquidity. What market usually does is it consolidates, then manipulates and does the distribution. For manipulation we are expecting the price to take Sellside liquidity and make a bullish change of character on lower timeframe and distribute the price targeting buyside liquidity, giving us a nice 4:1R.

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