its time to scale in again on GBPJPY as we still on our long sell after breakout just sell again to lower low
we have rising wage which state that our bullish momentum is losing power over sellers
as we have bullish correctin on H1 and inverse head and sholder on H4 as a reversal
we can expect bullish move to the upsite once our correction continuation is broken
If my bearish correction breakout thats the time we can confirm that sellers will be taking over from the buyers as for sells we are looking for bearing continuation corrections
WE will have impulse move after this contraction phase
AS my analysis state on the correction and impulse strategy,i foreseen nasdaq will break my sell continuation setup,meaning it can break where the current price is,becouse we are facing contraction face
As my analysis prove that us30 has broken out on my ascending channel,Also we have reversal Head and sholder on M15,meaning our current bullish momentum is losing power on the sellers are taking over
remenber alaways risk management plays a huge role to your trading account.
THIS MY ANALYSIS please comment and share your opinion