Hello Guys,
The CHFJPY pair has likely swept the monthly liquidity and is retracing for another bearish leg on the weekly. Looking at my 4H chart, you will see that I have marked all the liquidity sweep that price is likely to make before continuing bearish. I am expecting price to try to go bearish from where it is currently to make people think the bearish leg has started then take them out and head to my sell limit order to begin the actual bearish leg.
Let me know what you think is the comment section.
BR,
David
The CHFJPY pair has likely swept the monthly liquidity and is retracing for another bearish leg on the weekly. Looking at my 4H chart, you will see that I have marked all the liquidity sweep that price is likely to make before continuing bearish. I am expecting price to try to go bearish from where it is currently to make people think the bearish leg has started then take them out and head to my sell limit order to begin the actual bearish leg.
Let me know what you think is the comment section.
BR,
David
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.