hi Simon hope all is well,
Quick question, going back to chf/jpy. It hit the level 111.60 then stalled around that area for a while. Woul I look at this stall as sellers losing momentum and set a stop loss below that area then jump in. Or wait for the "forced push" candle bouncing off that area to close before entering knowing that big money is recognising that area forcing the push.
Thanks in advance for your guidance
James
Quick question, going back to chf/jpy. It hit the level 111.60 then stalled around that area for a while. Woul I look at this stall as sellers losing momentum and set a stop loss below that area then jump in. Or wait for the "forced push" candle bouncing off that area to close before entering knowing that big money is recognising that area forcing the push.
Thanks in advance for your guidance
James