CHFJPY
encountered resistance, failing to close above its recent high and exhibiting signs of rejection. Despite bears reclaiming today's gains, retracement volume remains relatively low. Awaiting a more convincing volume, my strategy involves observing a retest of the 171.00 level. A bearish candle with significant volume at this point could serve as a sell signal. Exercise caution and stay vigilant for confirming indicators. Happy trading!
Pesanan dibatalkan:
The market did not show us a bearish signal for my short trade,
instead it is now showing a bullish picture.
instead it is now showing a bullish picture.
The temptation to enter the market is understandable, but it's crucial to exercise restraint. It is advisable to wait for a confirming signal in the form of a high-volume candle. Staying true to our trading mantra, let's adhere to the principle of reacting to market cues rather than attempting predictions. Patience often pays off in navigating market uncertainties.