GBPJPY 4H Analysis

Scenario:

Price is currently ranging with a liquidity build up above and below. For the fact month is on a retracement to form a HL as seen on my monthly analysis. It is idea to envisage for valid shorting positions.

Expectation:

I expect to break out of the range and clear some liquidity and the break structure on 15m on either side before heading to either direction.

Comment:

Keep an eye on my entries for these analysis.