GBPJPY Shorts (Cont.) 2/2

1. Downtrend (strong)

2. Key resistance/OB area being rejected AFTER sweeping liquidity

3. MAJOR pullback

4. High RSI (78 on M15)

5. Lines up with Trendline (just a little thing that adds on as part of confluence)


All the signs are there, I would say the 1-4 points being the key.
That's really my breakdown/how I view the trade. Huge R potential here, once again.