Snick3rSD

GBPJPY - Short after retracement ✅

Short
Snick3rSD Updated   
FX:GBPJPY   British Pound / Japanese Yen
Hello traders!
‼️ This is my perspective on GBPJPY.

Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement firstly to fill the imbalance higher and then to look for a short if price rejects from bearish order block + institutional big figure 183.000.

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Comment:
Still looking for that zone.
Trade active:
Perfect rejection, we are already on profit 2R
Trade closed: target reached

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