responsibleUni37463

Take a look at the weekly time frame

Short
FX:GBPJPY   British Pound / Japanese Yen
by looking at the weekly tme frame i see a strong selling effort appears on the form of pinbar candle, and by returning to the 2H time frame to analyse the volume i see domination of sellers appears on strong selling volume, where the buying volume got quickly eaten up by sellers.

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.