Hi guys, I just come across this chfjpy, after a read on the chart I found it's now landing on a great spot to have a clean buy. there are 2 reasons I prefer buy over sell here.
1. Daily chart, it fail to close below critical price where decide it's can continue the trend or not.
2. 4h on Asia session already close in huge green candle and now we are waiting for NFP to conclude the upside movement valid or not... before that we are sideways.... which lead the candle close above critical price.
Plus yesterday was close in green candle, puts me to believe this is not going down further...
1. Daily chart, it fail to close below critical price where decide it's can continue the trend or not.
2. 4h on Asia session already close in huge green candle and now we are waiting for NFP to conclude the upside movement valid or not... before that we are sideways.... which lead the candle close above critical price.
Plus yesterday was close in green candle, puts me to believe this is not going down further...