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GBPJPY wave structure at 4-hour time frame

British Pound / Japanese Yen (OANDA:GBPJPY)  
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OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Wave Analysis Technical Indicators SMC smctrading smcanalysis
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trendanalysis waveanalysis indicator smc smctrading smcanalysis
4H is swing bearish => currently is pullback up
We sell short when the price increases to the OB block and in the 15-minute time frame there is a decreasing CHoCH signal.
Comment:
Price increased again to the Strong Swing peak of the 4-hour time frame. We wait for the CHOCH signal of the 15 minute time frame to sell
Comment:
Thus, the price has surpassed the strong fluctuation zone to continue increasing.
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