CHF/JPY strong uptrend
Updated
Weekly looking very bullish for the long term. CHFJPY just broken through H&S-like formation. Looking for some consolidation before further rocketing up.
Trade active
Shorted 12.715. Signals: DEMA crossover, RSI at 75, Stochastic topped out. Seems good. Should have kept my cool and entered at 12.735.Note
Stopped out. Analysis correct but got stopped out when price rose higher than expected. Note to self: when price is sitting on support/resistance, it usually takes time before breakout. Find a perfect entry. Also; widen your stops !!Note
After doing some reading - definetly not let yourself be a weak hand. Okay, next one.
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