CHFJPY is an interesting pair that beat the mere buy and sell bias
Recently price had been taking a spike action and seem to be choppy in smaller tf
leading me to make an analysis on a weekly tf
we see price obeying the Rsl over time and WRTL PSYCHOLOGY have price to atleast touch Ssl1 if at all price is to get back on top and it would need a plus pressure to break Ssl1 and get to Ssl 2
it got complicated after leaving a POI close to the Ssl1 zone which is a new turn of event
so to buy i will like to see price move down to the "POI" or the "Ssl"zone to see price reaction for a swift buy.
so it is a sell now buy later thing.
either way
finger crossed
Recently price had been taking a spike action and seem to be choppy in smaller tf
leading me to make an analysis on a weekly tf
we see price obeying the Rsl over time and WRTL PSYCHOLOGY have price to atleast touch Ssl1 if at all price is to get back on top and it would need a plus pressure to break Ssl1 and get to Ssl 2
it got complicated after leaving a POI close to the Ssl1 zone which is a new turn of event
so to buy i will like to see price move down to the "POI" or the "Ssl"zone to see price reaction for a swift buy.
so it is a sell now buy later thing.
either way
finger crossed