Institutional_trading
GBP/NZD institutionalDuring the past week price has formed many many liquidity zones which are our target.
We see lq at top and at the bottom, this is why we should pay a lot of attention to best follow
the price movement without taking the wrong direction.
I personally think that the price might snatch the top liquidity before falling down.
$GBPJPY - Long... All week Long (Smart Money Concept)I did a lot of work on this chart and I'll just say there are. lot of hidden elements as to why I have came to this conclusion. There are just things I cannot share. But I will share my conclusion and my d=first short term goal for tomorrow is an open trade to start after midnight New York Time (London Session) Where GJ has just. bit of retracement to 145.650 and it should end up with taking first profit at 146.400 - 146.420. About 75 pips. If I'm right, we'll go from there. But I'm Expecting GBP to have a Bullish week on all charts, possibly sending EURGBP down as well.
FOREXCOM:GBPJPY
SHORT GA to ultimately BUY laterWe are grabbing liquidity to wreck the sellers and grab their stops
Then we are inducing FOMO greedy people to jump into buys too late until we reach previous wyckoff distribution area...
once there institutions will mitigate of the order and that is where we get in for a sell to finally take the previous (retail support) demand area and mitigate from the source of the buy completing the complex pullback...
Once we are in a buy we will expect a higher high to continue daily uptrend