Very simple one here but very strong. CHFJPY has continually been forced down by this trendline. Price has now risen to the point where I think it will struggle to progress any further. The steep upwards trendline is at the point where it should be broken by the stronger downtrending one and if it does, the will be perfect time to enter this sell. Wait for a moving average crossover on the 4H timeframe and the trade should be fairly certain.
Kommentera
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Entry requirements never met. Looks like we might see a push into higher highs