CHFJPY Important Trendline Retest
Updated
Hey!
Here could be a potential SELL opportunity around the 111.000.
Around the 111.000 matches some criteria:
1. Important trendline retest, which should act as a resistance
2. Old support becomes resistance
3. The round number 111.000 acts as a resistance
4. Lower timeframes EMA's should work as resistances.
Wait for the rejection from the lower timeframes!
Do not forget to hit the "LIKE button!
Cheers!
Here could be a potential SELL opportunity around the 111.000.
Around the 111.000 matches some criteria:
1. Important trendline retest, which should act as a resistance
2. Old support becomes resistance
3. The round number 111.000 acts as a resistance
4. Lower timeframes EMA's should work as resistances.
Wait for the rejection from the lower timeframes!
Do not forget to hit the "LIKE button!
Cheers!
Trade active
Trade closed: target reached
The first target reached!
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