GBPYJPY is due for a retracement.
It is about to clear upside liquidity and reach into the daily order block.
There is liquidity and imbalances on the downside, and all nearby imbalances to the upside will be filled one the daily order block is reached.
The 50% of the daily order block falls right below a weekly order block.
I'd like to ideally ride it back to the OTE of the daily time frame.
It is about to clear upside liquidity and reach into the daily order block.
There is liquidity and imbalances on the downside, and all nearby imbalances to the upside will be filled one the daily order block is reached.
The 50% of the daily order block falls right below a weekly order block.
I'd like to ideally ride it back to the OTE of the daily time frame.
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