Looking for some nice short opportunities to the downside for GBPJPY.
Would like to see price to move to the downside towards structure #2 before retracing back to structure #1. If price was to stay under that marked structure, then would like to see further movement to the downside to the overall target which is marked. Would like to get some peoples thoughts and opinions on this!
Please note this is an analysis of my own personal opinion, don't take this analysis as gospel.