Though price hasn't gotten into my level, might probably miss this trade because markets already showing a bullish signal but I can't enter the trade until it meets my criterias.
But if you can withstand huge drawdowns or you want to confirm my analysis with yours, I'd drop my confluence below.
*Market is in an Uptrend.
*Falling wedge(Bullish signal).
*Rested of the breakout(healthy chart pattern).
And the last confluence would be the entry reason.
Feel free to criticize my analysis, we are all learners.
'Do not blindly buy CHFJPY based on my confluences and do not enter the trade if my analysis is against yours.'
But if you can withstand huge drawdowns or you want to confirm my analysis with yours, I'd drop my confluence below.
*Market is in an Uptrend.
*Falling wedge(Bullish signal).
*Rested of the breakout(healthy chart pattern).
And the last confluence would be the entry reason.
Feel free to criticize my analysis, we are all learners.
'Do not blindly buy CHFJPY based on my confluences and do not enter the trade if my analysis is against yours.'
Comment:
Retest of breakout not reseted.
