I find CHFJPY in quite an awkward spot at the moment, squeezed and sandwiched. Deciding if it shall go up or down.
There is no clear liquidity to me except the ones below I've marked out.
I'll only take these entries if there is absorption, sellers fade and buyers step in.
The price might also take off north from where it is right now. Wouldn't surprise me.
I feel that a trader should always be prepared for a bullish and bearish scenario and know exactly how to handle both of them if they do occur.
To throw up ideas like this could look stale and not be of much value, but bear with me.
I'll see if throwing up ideas like this becomes a Sunday habit, maybe with video I could include the scenarios I see.
Happy trading!
There is no clear liquidity to me except the ones below I've marked out.
I'll only take these entries if there is absorption, sellers fade and buyers step in.
The price might also take off north from where it is right now. Wouldn't surprise me.
I feel that a trader should always be prepared for a bullish and bearish scenario and know exactly how to handle both of them if they do occur.
To throw up ideas like this could look stale and not be of much value, but bear with me.
I'll see if throwing up ideas like this becomes a Sunday habit, maybe with video I could include the scenarios I see.
Happy trading!