Short, then Long

Previously, I marked up a long position for USDCHF which should be entered within this week, possibly next week (this is the position furthest on the right). I believe that institutions will target these areas of liquidity to take price to the downside, before returning up to fill the more long term liquidity, as you can see marked up at the top of the chart. The idea is to enter short at current price with stops near 0.93500, targeting the liquidity on the downside, as you can see marked up at 0.93040 and 0.92600. All in, we could be able to extract around 190 pips out of the market.
liquidityTrend Analysis

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