EUR/CHF Quick HTF Analysis - Important Price Action to follow

For all watching, I kept this video very short and straight to the point to show longer term opportunities for the pair and overall objective of where market may want to go. In order to create your own trade bias, further confluence and analysis is needed.

TL;DR (or watch) - I see some signal opportunities in the near-term outlook of EUR/CHF as to the downside we are entering a 'liquidity drought' and are requiring further selling support by mitigating former Supply Zones. We are also approaching major resistance in the form of a multi-year trend line top and will therefore require a push from buyers (as we saw today) to push us through resistance to liquidity above.

For a trade to the upside, we are above our former low so we will look for a MTF/LTF change of character and ideally, confluence with a HTF break.

This requirement for liquidity to create new lows coupled with strong resistance and the overarching downtrend allows for an open-ended bias and with patience and market structure we will wait for trend continuation (with a break of structure to the downside) or signs of reversal (with BOS to the upside) to form our bias and look for entries.

Hope this is helpful and enjoyable for those who care and boring for those who don't! ;)