GBP/JPY long if presented
Updated
Weekly efficiently bearish in the nearest range, but its still in the bullish range.
Scenarios:
1. 4h only sudden rejection, no induce? random demand/ take bearish rally base drop
2. 4h Inducement clear, fast change, price reactive to bullish fvg
Scenarios:
1. 4h only sudden rejection, no induce? random demand/ take bearish rally base drop
2. 4h Inducement clear, fast change, price reactive to bullish fvg
Note
Dissmissed scenario. It swept for bullish, came at the supply with big velocity/volume, so that risky snd was not worth it anymore, as it was looking very bad on the 4h chart
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