GBPJPY H1 - Short Setup

GBPJPY H1 - A mental week to say the least for the GBP and YEN, yet again. Some monster moves, 600 pips seen on single M5 and M15 candles, thankfully, healthy corrections seen towards the latter part of the week, which has balanced zones and made things measurable for us to follow going into this fresh week. Huge 10R trade potential down towards the previous area of S/R, we saw a handful of rejections from this 162-handle last week, a dip as much as 250 pips which was great. But minor in the grand scheme of things. Failing this rejection, we can simply look for break and retest play from that 162 handle.