As shown attach file above we can see that price are heading toward resistance level . If price did rally and closed above the resistance level there might be a chance price will keep making new Higher high .
At 4H Time frame , we can see that price making Higher high and lower high which indicate buyer are overcome seller . With this info it not good idea to enter short .
For time been it better to leave USDCHF and wait until price reach at area of concern ( 1.00595-1.00406) . If price keep retest or present reversal candlestick pattern , might consider to go short .
Disclaimer;
Please don't follow my idea trading without any proper plan and if do please consider the risk of losing money
Yorum:
Buyer are getting aggressive . Still waiting valid setup to enter Short
Buyer are getting aggressive . Still waiting valid setup to enter Short
İşlem aktif
Price are now at the area of concern . Buyer are taking control right now . Still waiting a better setup to enter this market .