[Market Breakdown 3] CHFJPY
Had this pair in my previous Market Breakdown, but it seems like i was a little bit too early.
Price has approached our zone of interest quite impulsively on Friday.
It seems like the Supply & Demand zone is holding very nice as resistance.
A lot of Sell orders sitting at this region.
I will enter this Short position if we do receive some more deceleration candles.
Remain neutral and anticipate on the situation.
Price has approached our zone of interest quite impulsively on Friday.
It seems like the Supply & Demand zone is holding very nice as resistance.
A lot of Sell orders sitting at this region.
I will enter this Short position if we do receive some more deceleration candles.
Remain neutral and anticipate on the situation.
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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.