CHFJPY for a possible bounce
After our higher time frame supply failed, price broke it impulsively leaving behind unmitigated price with a clean POI. Price then retraced and consolidated across this POI, forming liquidity both at the top and at the bottom. This would be potentially used to fuel the move upwards with the assist of our established POI to take out liquidity at the top.
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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.