And short on GBPCHF.
-milkeyway
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DislikedHi Mr. Pip, I'm studying the structure and orderflow that you've been teaching recently. And can you help me understand how to read the orderflow strength and weakness in this chart below? At point 2, the weakness is obviously shown on the slope of price path. However point 4 didn't show much weakness and still a sharp pull back happened. Then at point 7, I thought the orderflow showed weakness and exited my long but end up missed the breakout soon after. Please let me know where I read it wrong and I really appreciate your help. Thanks a lot, {image}...Ignored
Disliked{quote} The sequence i use to analysis O/F is : 1] depth : You can see depth to the upside increased and momentum to upside increased as price came into medium/long term demand zone. 2] Structure : I drawn structure with small white lines. And it is simply bullish structure. 3] Momentum : We already bounced at demand zone when 1st time in demand zone. So, it was an increasing momentum. Now the observation is : After 1st time bounce in demand zone, price created bullish structure. Price also give weak momentum to the upside and point 2 and strong...Ignored