Hello everyone! My CHFJPY point of view.
We are in a strong bullish trend which is still valid pointing up.
In the recent past, the price has formed incremental retests of Higher Highs and Higher Lows.
Our eyes at Balance of Trade and Inflation Data of Japan, which in case they come to public worse than expected, they are going to rocket to the highs of 151 this pair.
Manipulation is going to get high with Long Wicks at the bottom I think so be cautious with SL levels.
Long Wicks whow wickness and rejections - Orderblocks, but at the same time they do show instant momentum, phsychology of masses and investors and they leave liquidity behind which must be tested soon or later.
Good Luck!
We are in a strong bullish trend which is still valid pointing up.
In the recent past, the price has formed incremental retests of Higher Highs and Higher Lows.
Our eyes at Balance of Trade and Inflation Data of Japan, which in case they come to public worse than expected, they are going to rocket to the highs of 151 this pair.
Manipulation is going to get high with Long Wicks at the bottom I think so be cautious with SL levels.
Long Wicks whow wickness and rejections - Orderblocks, but at the same time they do show instant momentum, phsychology of masses and investors and they leave liquidity behind which must be tested soon or later.
Good Luck!