CHFJPY - Trend Friend

Several people will be seeing wick rejections and start thinking this is it, lets buy immediately. The market knows better and will most likely come down to grab liquidity before moving off into our desired direction. I have marked a potential area of interest where you can look to buy, if we get a buy setup at all in these mad markets!

Definitely a good pair to add to the watchlist.

COT Data - 84% Short