Here my latest View on USDCHF. You Can see my previous analysis on USDCHF in my ideas
Here what I think what price want to go. 1. Price didn't reach mid zone and react to Bearish E otw go up. Now price retrace into buy zone. There are 2 possibility here. Buy at 1st demand and if break buy again at significant support/resistant area - 2nd entry. 2. Sell Limit area at Bearish E formed just outside of level 61.8%.
CADJPY now approching Middle trend Fibo 50-61.8% which i am targeting for sell at this area. Beautiful Bearish E formed with minimal Sl at the right location. Why? right location. SR Flip / Fakeout formed and fresh area of the location for entry.
Waiting for price climb up until Middle trend zone - Fibo 50-61.8% We can Look fresh supply at this area and Bearish Engulfing Formed. Minimal SL.