Hey There
As for my perspective I can say that currently I am expecting a short term trade to the downside to basically create the right shoulder for a continuation to the 158 levels respectively.
Using the Trend lines I am able to see a rising wedge of which it indicates a reversal setup.
FX:GBPJPY
I’d like to believe that the us30 might for a W pattern given the structure of the market and based on pressure from the sellers after the third touch of the descending channel on the 4Hr chart
