GBP/JPY Short Idea 04/01/2022

150
Price rejected 156 last week and we had a drop yesterday which broke structure to downside. Price has since retraced and grabbed liquidity from 156.000 again. Higher timeframe overdue for retracement. Anticipating another sell off from this area.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.