Yearn-Forex
Long

CHFJPY: Multiple confluences indicating a buy.

OANDA:CHFJPY   Swiss Franc / Japanese Yen
Selling momentum was lost with each test of resistance. (Indicated by the orange arrows)
There is also an inverted head & shoulders pattern and the neckline is the same level of resistance.
Yesterdays daily candle closed as a bullish engulfing candle breaking resistance.
I'll be looking for a buy if the market retests previous resistance now support.

YEARN-FOREX

Comments

Thank you for this set up. i feel is fully completed
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