GJ Still Down, USDCHF Heads To Supply

GJ fell as I indicated last week and this week I'm still watching to see how it will progress. More detail on this pair and USDCHF below:

GBPJPY - Short

After the engulf of the demand level that was holding price up price has continued to fall to the downside. Looking to the left indicates that price could move lowers so I'll looking out for that. I'm looking to buy this pair given the right signal so I'll be watching PA for long opportunities too.

2016-08-07 GJ Short D1

USDCHF - Short

Price is rallying up towards to a supply level on the daily chart. It's a level that formed away from another but I'm interested in the reaction anyway.

2016-08-07 USDCHF Short D1


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