GBPJPY: 3 Equal HISTORICAL highs BULLISH +250 pips
- Price reached extreme high levels again after retesting at 186.500.
- Also as we can see price swept the last high liquidity at 188.500 and closed below it building more liquidity above historical high at 189.0 levels.
- Price created unmitigated order block at 187.0 also an imbalance left behind so we may see a bearish move with market opening to rebalance the price delivery at 187.500 at least and then we should see an impulsive bullish move breaking the structure and reaching 190.0 supply area.
- Also as we can see price swept the last high liquidity at 188.500 and closed below it building more liquidity above historical high at 189.0 levels.
- Price created unmitigated order block at 187.0 also an imbalance left behind so we may see a bearish move with market opening to rebalance the price delivery at 187.500 at least and then we should see an impulsive bullish move breaking the structure and reaching 190.0 supply area.
Trade closed: target reached