GBPJPY is rebalancing ATM
Hello Traders,
This is an overview on GJ, as you can see on the HTF it created a ceiling and just today it confirmed that is the top by respecting the structure and continued its way down, I'm bearish on GJ overall till the next point of interest.
I do prefer Shorts on GJ. However, if there ever be a bullish setup I may take it but will be a quick and small one because my narrative is that bears are now in control.
Cheers!
This is an overview on GJ, as you can see on the HTF it created a ceiling and just today it confirmed that is the top by respecting the structure and continued its way down, I'm bearish on GJ overall till the next point of interest.
I do prefer Shorts on GJ. However, if there ever be a bullish setup I may take it but will be a quick and small one because my narrative is that bears are now in control.
Cheers!
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