GBPJPY Short and BuysMy bias was Bullish moving into this Session since price broke above my Resistance Level and Consolidation. FOMO struck me when I initially got to the charts and my emotions caused me to get into a short position, going against my bias. I fortunately cut the short position for less than half my risk on it. Patience always pays and shortly after getting out of my short we had a strong 30m close near the 30m Highs. Now this isn't exactly the go-to 1)30m High formed 2) 30m pullback 3)Bullish 30m support formed 4) Entry. However just like the "Go-To" setup, when price closes around the highs as it did on the 30m and we are in momentum like this it is still a highly probable continuation setup. So I took the risk and it payed off.
The money from the fed as aid is catching up to the markets?