Like most of my trades, i use two timeframes.....trend on the higher timeframe is strongly bullish...and after a bearish spell on the lower timeframe, we are ready to resume in the right direction of the trend.
The long-term bias for the CHFJPY is bullish. After days of a down movement, the pair is finally on its way up, but will the big traders come in to sweep liquidity before its movement upwards?
I think so, lets see how it plays out in the next few weeks.
Lookout for BUY entries.
