Our previous trade was a successful We will now look more entries when the right time will come
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what do u think of CHFJPY , all we need is patience Lets see where it goes
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This could be one the less probable trades , but you always keep risk in control and you are good to go
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Should we see a short term momentum change , Waiting to buy at 50% retracement level from the last bullish candle , with a stop loss below it
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Why we always say patience is very important , Ideally we have some confirmation to sell However we will wait and see if price shows the previous patter and reaches the upper resistance area with the same rejection
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A trendline break is not just enough but the Rejection by the pin and price dragged down to almost the same level We might see fresh lows , looking for it reach support before we go long
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Still waiting for the key support level to reach and then go long Keep an eye at false breakout as it has happened in the past Confirmation should come at least in 4 hr one day candle
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