FX:GBPJPY   جنيه إسترليني / ين ياباني
Entered in a short positon on GBPJPY using LTF OB as entry point, PA is indicating a reduction in volume and l suspect we will see a symetrical triangle form overnight.

Expecting GJ to break to the upside as a liquidity grab, however, the alternative is drawn on chart to see.

Basis on the liquidity grab is that currently the market is split: 80% short 20% Long

Put simply alot more SL's for insitutions to hit - if market drives up

Trading GJ has been very easy for the past couple days due to ranging PA, I hope everyone has had great week so far: lets end on a high!

Feel free to put your thoughts down below :)

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