CHFJPY: Update to yesterdays H&S long idea
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Selling momentum is lost with each test of resistance.
This indicates that buyers will likely takeover.
I'm waiting for a break of resistance before placing a trade.
The resistance is also the neckline of an inverted head & shoulders on the daily chart.
YEARN-FOREX
This indicates that buyers will likely takeover.
I'm waiting for a break of resistance before placing a trade.
The resistance is also the neckline of an inverted head & shoulders on the daily chart.
YEARN-FOREX
Ordre annulé
This is why is important to wait for confirmation before placing a trade. I couldh'v entered at market but decided to wait for a clear break of resistance first.
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