Swing Short on GBPJPY

By LewisFXBlue
Hi Everyone,

I have entered a short on GJ around the 191.300 level, after the massive plunge in price today most would think that a reversal is next. However, most of the buy-side liquidity has been taken out, with bearish momentum continuing to rise and no order blocks in the immediate areas of CMP, it is my view that GJ will continue down to the 187 OB or the Daily OB around the 185 level.

Trend Analysis

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