https://tradingview.sweetlogin.com/x/ANFQr4sq/
Feels like we have a good example of stop hunt and imbalance on GBPJPY.
The market is consolidating within a horizontal range on a daily.
We saw a breakout attempt of its support in the morning
and the market was even trading beyond that for some time.
However, then we see a formation of a bullish engulfing candle - the imbalance.
It makes me think that this bearish move was simply a manipulation.
I expect a growth now to 182.3 level.
❤️Please, support my work with like, thank you!❤️
Feels like we have a good example of stop hunt and imbalance on GBPJPY.
The market is consolidating within a horizontal range on a daily.
We saw a breakout attempt of its support in the morning
and the market was even trading beyond that for some time.
However, then we see a formation of a bullish engulfing candle - the imbalance.
It makes me think that this bearish move was simply a manipulation.
I expect a growth now to 182.3 level.
❤️Please, support my work with like, thank you!❤️
Trade closed: target reached
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Related publications
Disclaimer
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.