CHFJPY 23-24 Nov 2020
Updated
Ignore the blue circle, that's on the 4hr TF, which doesn't come into play yet. Looking at the path projection and the arrow. I personally think this is a retest of the (rectangle) level before it rejects and comes back down to the 114.213 level. Still, despite the bias I have, I'm gonna account for a bullish move to ~115.000.
Note
Going against my bias. Well, good thing I accounted for the bullish move. Always a good thing to consider possibilities for both bears and bulls. Still not in. If this upward move has to continue, i'll wait for the break and retest
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