I do trade this pair.
We see 2011 Forming a high and in the future 2015 that old high in 2011 taken out before a rapid drop. Price will always target the recent Highs or Lows were there is a lot of Liquidity.
Buy Stop label we see a double top before going lower & SELL Stop label showing a double bottom before upward price movement.
Yellow Highs and Lows price must reach those zones sometime in the future can be days, weeks or years. Once you spot which Low or High is the target you can follow the trend just like what we are seeing in GBP pairs
CHF been storng expecting some buying movements but seeing another test at the highs so will see what happens
We see 2011 Forming a high and in the future 2015 that old high in 2011 taken out before a rapid drop. Price will always target the recent Highs or Lows were there is a lot of Liquidity.
Buy Stop label we see a double top before going lower & SELL Stop label showing a double bottom before upward price movement.
Yellow Highs and Lows price must reach those zones sometime in the future can be days, weeks or years. Once you spot which Low or High is the target you can follow the trend just like what we are seeing in GBP pairs
CHF been storng expecting some buying movements but seeing another test at the highs so will see what happens