Two scenarios in my mind. GJ respects the retracement box, and goes down for the imbalance.
Second one is demand exceeds supply. Possible buys at the retracement. This is the only case that SnR could work.
What do you think about GBPJPY?
LQP = Liquidity Pool
Arrows = Inducement Points
2WT = 2 Way Trap
Second one is demand exceeds supply. Possible buys at the retracement. This is the only case that SnR could work.
What do you think about GBPJPY?
LQP = Liquidity Pool
Arrows = Inducement Points
2WT = 2 Way Trap
