STILL POSSIBLE FOR FURTHER DOWNSIDE(CHFJPYThere's quite a lot to unpack on this pair but to keep it simple, im seeing major divergence on RSI daily time frame which is indicating to me that there is a reversal on the way. This does not mean that a reversal is imminent but an 'INDICATION OR SIGN' that it might happen, so im waiting for confirmations on smaller time frames to jump in the game. Im seeing impulses to the downside which is telling me theres not enough people interest in pushing chfjpy further at this moment in time.
Im seeing a correction taking place so this is whats interesting me to go short.
If you want to play it aggressive, then you could go short at where the sellers have left clues.
The balls in your hands folks
