$GBPJPY – BEARISH STRUCTURE RESPECTED, SHORT SETUP ACTIVE! 🔻
After multiple rejections from the key resistance zone and descending trendline, $GBPJPY has once again respected the bearish structure. The pair is showing clear signs of weakness below 196.000, signaling an ideal zone to look for shorts.
🔸 Trade Setup (SHORT):
Entry: 195.500 – 194.800
TP1: 192.200
TP2: 189.600
SL: 196.600
📉 Why Short?
Price is moving within a descending channel, repeatedly getting rejected at the upper boundary and resistance zone. With no bullish momentum breaking above structure, this zone remains strong for sell entries. The recent bearish rejection confirms sellers are stepping in again.
⚠️ Risk Management Tip:
Use position sizing wisely. Always trade with SL in place and avoid overleveraging during zone re-tests.
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Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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buy and trade here on $gbpjpy
Don’t let this vertical breakout leave you behind — smart entries now can lead to explosive exits!
This is your moment — ride the bullish wave before it vanishes