CHFJPY 4h/1h Sell
The criteria to fulfill
1. Clean and strong sell breach ✅
2. Weak buyers pullback with sellers holding them back ✅
3. A pullback to the sell breach line and seller guy responsible area ✅
4. Mini buyer territory formed with illusion spot ✅
5. Big boy seller showed himself with an opposite V-formation ✅
6. Weak test (pullback) towards the previous support turned current resistant ✅
As soon as all criteria have been fulfilled, the sell can happen anytime soon. Waiting to get in after a little more pullback. Placing TP slightly above recent low, SL slightly above recent high with a good RR of 2.7.
1. Clean and strong sell breach ✅
2. Weak buyers pullback with sellers holding them back ✅
3. A pullback to the sell breach line and seller guy responsible area ✅
4. Mini buyer territory formed with illusion spot ✅
5. Big boy seller showed himself with an opposite V-formation ✅
6. Weak test (pullback) towards the previous support turned current resistant ✅
As soon as all criteria have been fulfilled, the sell can happen anytime soon. Waiting to get in after a little more pullback. Placing TP slightly above recent low, SL slightly above recent high with a good RR of 2.7.
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