CHFJPY - Manipulation Idea

2020년 10월 18일

We may be a little late to the party on this one but I may consider placing a sell limit from the lower time frame order block I have found. What you witnessed was clear manipulation, firstly we saw price drive to the upside gathering liquidity from the resistance sellers, only to convince retail that price was proceeding to the upside, a strong manipulation wick was formed and price died off into its intended direction. We may miss this move completely, I will have to analyze it again on Monday to see how this pair holds over the Asian session tonight.

COT Data - 65% Short