GBPJPY: Bearish Market Structure

49
Look to sell after the correction...

(H4)
✅ Confirmed BOS below 197.20
✅ LHs
✅ Supply Zone: 196.10 – 196.60

(H1)
✅ Nice impulse down from 197.30 to 195.50
✅ Short-Term Supply Zone: 195.90 – 196.20 (H1 OB inside H4)
Looking for price to tap this zone and form a new LH

(M15)
✅ Price consolidating after the drop
✅ No bullish BOS
✅ New LH
Expecting liquidity sweep above 195.90, then bearish BOS below 195.70 to confirm entry

❌ Invalidation: Bullish BOS above 196.70 on M15.

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