GBPJPY look for bearish price action

Hi everyone:

GBPJPY with its latest price action may give us a bearish move down to the bottom of the structure.

WE can see price has been in this larger corrective pattern for quite sometimes now since the previous bearish drop.

The recent price action is consolidating in this area, good sign of a bearish reversal can come in.

Look for price to develop some reversal price action on the LTF to loo for sell entry.

Thank you

Comment:

still looking at the sell opportunities with this current structure. Want to see price bearish breakout from there to confirm more downside.