forever1_a_student

GBPJPY, Has the pound yen squeezed in enough ??

FX:GBPJPY   British Pound / Japanese Yen
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

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