GJ | 1 Hour Analysis | Bearish

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GJ | 1 Hour Analysis | BearishBritish Pound / Japanese YenFOREXCOM:GBPJPYRemzyFXCurrently on the 1 hour timeframe, price is in bearish market structure. We broke the prior structural low, closed below, and now price is making a healthy retracement. I will be sitting on my hands waiting for price to take out the relative equal highs that are sitting right below an hourly imbalance and order block. Once/if price does that and fills the fair value, I will be dropping down to the lower timeframes and seeing if price gives a bearish market structure shift to enter a short and take it back down to the swing low. Trade Safe -Remzy