GBPJPY, Has the pound yen squeezed in enough ??
Looking at the pound yen, There are tecnicals invoving that the yen has squeezed in enough and my break to the downside to similar momentum which it has used in the uptrend,
What we would keep in mind is the market is a master of opposite momentum (this means that the market acts as a mirror) This means when we have an uptrend that has completed a run squeezed in from the HTF to the LTF we may have similar move in the opposite direction. Mirror
What we would keep in mind is the market is a master of opposite momentum (this means that the market acts as a mirror) This means when we have an uptrend that has completed a run squeezed in from the HTF to the LTF we may have similar move in the opposite direction. Mirror
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.