GBP/JPY Trade Setup – Supply & Demand Zones Smart Money Concept

Analysis Overview
The price is in a clear downtrend, forming lower highs and lower lows. A strong supply zone (red) around 190.514 acted as a resistance, leading to a sharp rejection and further downside movement.

Key Levels:
🔴 Supply Zone: 189.800 - 190.500 (previous area of institutional sell orders)
🔵 Demand Zone: 188.000 - 188.300 (potential liquidity grab)
🟢 Entry Confirmation: A small consolidation before a bullish retracement.

Trade Setup:
Entry: Based on rejection from demand zone (188.000-188.300)
Stop Loss: Below 188.018 (previous low)
Take Profit: 190.514 (previous resistance)
📌 Market Bias: Bearish until price breaks above the supply zone. A retest of the demand zone could lead to a short-term bullish retracement before continuing the downtrend.

⚠️ Disclaimer: This is for educational purposes only. Trade with proper risk management! 🚀