CHF down in the long run?

8 ביולי 2022

CHFJPY has broken the 4 hr structure downwards and if the current 4 hr candle closes above the zone , It might go to retest the Supply zone between 141 and 143 price level, which might be a good place to sell as the structure downwards has been broken and it might give us a big move.If it happens and it goes back up to retest those levels ,I will wait for the Confirmation on smaller time frames or BOS on smaller time frames.For any entry on the downside, We'll have to wait for confirmation.