OANDA:GBPJPY   British Pound / Japanese Yen
Currently looking for GJ pullback to 190.056 or at least around that area before going short. If price can retest to that area and give shorts we could expect price to dump back to 189.240. 189.240 is a level of support on higher time frames. If GJ can continue to give us bearish structures and crash below 189.240 we could expect more shorts to come into play. At that point it would be a break of structure on higher time frames confirming price shifting to the downside. Personally looking for a 1:4rr on this set up. We’ll see how it goes.
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