GBPJPY,๐Ÿ”ดIt looks bearish๐Ÿ”ด

์—…๋ฐ์ดํŠธ๋จ

We can see that the price shifted the structure and we are in a bearish market now.

The price created a lower low and mitigated all the supply zones, finally, the price created liquidity below the bearish order block and had a bearish reaction after hitting this zone.

For more confirmation, we need 15 minutes CHOCH. we can define 186.73 as the first target, and then the price fills the FVG.




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๐Ÿ—“๏ธ05/02/2024
๐Ÿ”Ž DYOR

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๋…ธํŠธ
I should mention that if the price penetrant above the bearish order block, this TA failed.
๋…ธํŠธ
As I expected the price reached 186.73 as the first target and now it trades at around 186.58.

More than 80 Pips so far.
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