Gbp/Jpy Short setup!!! Confluence with Cot Data

I am still super Bullish on Gbp/Jpy but based on what the market is telling us. we could see a pullback before a continuation. which comes in confluence with the cot data. institution are heavily buying Yen. so we could see a light pullback. to grab liquidity before move to upside.

Follow me for more updates in Gbp/jpy and other setup!!

Operación activa:

we saw price did as i indicated. finding liquidity on a psychological level around 141.000 lol and smaller timeframe we clearly see a shift of momentum to downside

Comentarios:

structure was broken in lower timeframe. so that could have been your entry lol

Operación activa:

this is how i monitor my valid trade setup