Patience Pays...Tempting to go long at the next test of the trendline, but with the resistance zone ahead I would rather wait. Potential for a better long entry once price has left the area of resistance from 70.50-71.50
Enter Long at Third Test of TrendlineYAR has formed an uptrend on the 1H and I expect a bounce off the trendline soon. Additional confirmation of the idea if price trades above the resistance at 282.50.
Enter short on third test of trendlineNHY trending down on the 4H chart and has tested the trendline twice. Short opportunity will be at the next test of the trendline. MA 40 will be my trailing stop.
