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EURJPY: Ready to drop?

Short
Euro / Yen Japonais (OANDA:EURJPY)  
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OANDA:EURJPY   Euro / Yen Japonais
Supply and Demand Support and Resistance EURJPY eurjpyshort eurjpytrade eurjpyanalysis eurjpyidea eurjpysetup orderblocks rtmoney
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supplyanddemand supportandresistance eurjpy eurjpyshort eurjpytrade eurjpyanalysis eurjpyidea eurjpysetup orderblocks rtmoney
EURJPY D1: A strong downtrend, with bearish breaks of structure, LHs and LLs. (See Updates)
Now, price finds a bearish order block. Looking for the next LH to form there.
4H: Expecting price to continue to maintain the bearish momentum, form the LH, follow with a BOS to grab the liquidity at the relative equal lows, and form the LL.
Commentaire:
EURJPY D1:
snapshot
A strong downtrend, with bearish breaks of structure, LHs and LLs.
Now, price finds a bearish order block. Looking for the next LH to form there.
Commentaire:
snapshot
Price overshot the 4H OB during London. So I adjusted, choosing the higher TF 12H OB, which is stronger. Notice how price left this OB, breaking the recent low. This is an indication of strength and validity.
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