GBPJPY Bearish sentiment

18 thg 11, 2024

From the HTF we have a clear bearish shift in market structure and in correlation with the bullish shift on the JPY basket; this sealed my bearish bias. Going down to the Hourly TF 2H, we see a rejection off the SIBI that created the break in structure on the daily while leaving a bearish order block in line. I would expect price to validate the OB and show AMD on the 15m which is willingness to continue bearish in my opinion before i engage.