Gap Down For MELTDOWN ContinuationGBP/JPYOANDA:GBPJPYdmndsniperWhat I said last week: "🌋Still heavy seller’s moment so I’m taking the MELTDOWN back to the 2nd shoulder drawn up in the area of 208.45. Looking for the week to close out with a meltdown that finally touches the Ascending Fib50 at 207.1" This week's opening broke out of the marked box zone with a Gap Down and is currently rejecting off the bottom side of my box with a small exhaustion move up before the MELTDOWN back to the second shoulder of the Inverted Head & Shoulders pattern previously marked. Looking after the move back to 208.45 - 208.3, look for the market to play within the same zone as the IH&S before a move down to the Ascending Fib50 at 207.05 with a possible wick touch on 1H or higher timeframe down to 206.7