LONG - CHFJPY (H4 or H1) (25 May 2023)

LONG Trade for CHFJPY



- Got to wait very long for price to retrace back for quality BUY trades as price keeps going up
- Price is currently rallying from 2nd CP zone in Daily TF

- To buy from the only H4 Demand zone nested in Daily Demand, if price retraces back

- Otherwise, to buy from 2 potential H1 Demand zones nested in H4 and Daily Demand zones

Comment:

In the D1 Chart, the price is again bouncing off D1 Demand

Comment:

Comment:

However in H4 chart, price is bouncing down from H4 Supply

Comment:

If price retraces back to D1 demand, we will buy in the H4 zone

Comment:

Price is bouncing higher and higher and did not retrace back.

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