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Divergence influence

FX:GBPJPY   ポンド/円
Divergence creation impulsively influenced a strong bearish market which decreased until the order block and block drove price all the way up to make a nice liquidity wipe out, the price the market started to consolidate, within this consolidation, a liquidity pool was created and wiped out as well. Price slightly dropped and made a pullback to the breaker block then continued to consolidate. Currently we have this distribution phase, looking forward to a bearish breakout with the immediate order block as the first stop order…

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