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Snick3rSD
Mar 7, 2024 4:12 PM

GBPJPY - Potential short ✅ Short

British Pound/Japanese YenFXCM

Description

Hello traders!
‼️ This is my perspective on GBPJPY.

Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, as price started to form lower lows and lower highs, so I look for a short. I want price to continue the retracement to fill the imbalance and then to reject from bearish order block + institutional big figure 190.000.

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Comments
TheFxAce
You offer a detailed and convincing narrative for a bearish perspective.
Snick3rSD
@TheFxAce thank you!
AlloysK
Beautiful. Thanks for sharing.
Snick3rSD
@AlloysK thank you too!
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