Wedge patterns are forming on most of the major pairs, indicating a reversal. Here is the GBP JPY set up, my pending sell limit is placed. Lets see how it goes.
Now here im expecting a more complicated move
bearish breakout of the wedge during london session -> induces retail sellers -> boom, price reverses higher, stopping out retail sellers -> price reaches (breaks above) the weekly high -> now inducing retail buyers (this is where I'm selling) -> finally price reverses lower after all the manipulation.
Now here im expecting a more complicated move
bearish breakout of the wedge during london session -> induces retail sellers -> boom, price reverses higher, stopping out retail sellers -> price reaches (breaks above) the weekly high -> now inducing retail buyers (this is where I'm selling) -> finally price reverses lower after all the manipulation.