GBPJPY: Liquidity Gap Short

British Pound/Japanese YenFXCM

Description

⋅ Dec 31, 2021 6:56 AM

You will notice that bulls are slowing down as we approach the key hourly supply zone.

This will lure some sellers in early, please be patient and wait for a clear liquidity grab before considering your sells.

If you time your sell position correctly at the supply, you may be able to catch the wave all the way down to the support liquidity.

What is your view of this analysis?

Comments

yonsfx

⋅ Jan 1, 2022 5:16 AM

Love it

AlkalineFX

⋅ Jan 1, 2022 6:30 AM

@yonsfx, Thanks bro!

goldholicdxb

⋅ Dec 31, 2021 9:23 PM

Same thoughts like you.

AlkalineFX

⋅ Jan 1, 2022 6:30 AM

@goldholicdxb, We got this!

xppreciate

⋅ Dec 31, 2021 5:35 PM

i was looking for the 155.969 range for going short. but will only go in after giving me proper bearish confirmations. will be looking for retracement back to a POI

AlkalineFX

⋅ Jan 1, 2022 6:30 AM

@xppreciate, Spot on, this is what I will be doing, great thinking.

codeblue702

⋅ Dec 31, 2021 5:02 PM

GJ momentum still pretty strong for bullish. Hope reversal happens

AlkalineFX

⋅ Jan 1, 2022 6:31 AM

@codeblue702, It is an interesting bull run that should stop at some point.

Tricky20

⋅ Dec 31, 2021 3:16 PM

@MadWhale when will you sell. What is the trigger)

AlkalineFX

⋅ Jan 1, 2022 6:32 AM

@Tricky20, LTF confluence would be ideal, I will do my best to keep you updated in the comment section.