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TFLFX

Short

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
TFLFX  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis marketstructure supplyandemandzones orderblocks gbpjpyshort
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trendanalysis marketstructure supplyandemandzones orderblocks gbpjpyshort
Price is still on a critical weekly and monthly supply zones. Last week's candle did not manage to break previous weekly highs signifying probability of reversal. What we need to see is clear BMS on H3/H2, then RTO or retest of BMS for short positions. The breaking candle needs to have momentum.
All the best.
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