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GBPJPY Short Term view | m15

British Pound / Japanese Yen (OANDA:GBPJPY)  
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OANDA:GBPJPY   British Pound / Japanese Yen
Supply and Demand Wave Analysis Beyond Technical Analysis curtal gj GBPJPY liquidity inducement
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supplyanddemand waveanalysis beyondta curtal gj gbpjpy liquidity inducement
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

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