This pair is showing a high volume rejection candle(A) in my BEAR bias zone and price closed near the low of the daily range. And JPY has been showing strength in other crosses. CHFJPY might be late to the party but it offers very good risk reward. I will be looking for a sell confirmation to go SHORT
DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.
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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.