CHFJPY another GAP

Another trade based on this setup was on CHF/JPY.

The scenario was the same as in the previous case. There was an opening gap and heavy volumes got created before it.

Those volumes were a strong Resistance. The gap completely closed on Monday and then the price reacted to the heavy volumes.

Another nice profit!

BTW I published this trading level in the Weekly trading ideas video in advance on Monday.

Happy trading

Dale