CHFJPY 2 sided trade
Reasons for short buy
1. If market breaks grey zone, this indicates it wil pull back then go higher
2. Market is already in up trend so ride the continuation
3. Buy until it hits flip zone
Reasons for long term sell
1. Broke daily/4hr trend line
2. Created a CHoCH(change of character) which is not shown on my chart but its there
3. As long as unit holds supply level, you show be looking for sells
1. If market breaks grey zone, this indicates it wil pull back then go higher
2. Market is already in up trend so ride the continuation
3. Buy until it hits flip zone
Reasons for long term sell
1. Broke daily/4hr trend line
2. Created a CHoCH(change of character) which is not shown on my chart but its there
3. As long as unit holds supply level, you show be looking for sells
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.