CHFJPY: Update to yesterdays H&S long idea

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

تم حذف الأمر:

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.