GBPJPY is rebalancing ATM

Hello Traders,

This is an overview on GJ, as you can see on the HTF it created a ceiling and just today it confirmed that is the top by respecting the structure and continued its way down, I'm bearish on GJ overall till the next point of interest.

I do prefer Shorts on GJ. However, if there ever be a bullish setup I may take it but will be a quick and small one because my narrative is that bears are now in control.

Cheers!