GBPJPY 4h Analysis April 23rd, 2021

We currently trading at a support level where it touches and tested it multiple times. Based from the previous low it had a massive wick rejection and pushes to the upside. So now we are waiting for a candle close above that support level on 4h timeframe where liquidity is sitting at. We can go on lower timeframe to see a better entry position and candlestick formation.
Supply and DemandSupport and ResistanceTrend Analysis

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