SHORT CHFJPY SL=112.330; TP=109.870. Good Luck!
Anticipating a breakout downwards as price closes below the cloud with the base and conversion line angling down and lagging span following
See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
As can be seen in the chart above, the chfjpy is in the range between 109.08 and 112 so we are currently in the buying range Buy CHF/JPY: Entry price: 110.28 Stop Loss: 109.30 Take Profit: 111.50
CHF/JPY pullback short sell. Obviously, this is a day trade and we might close it before it even reaches TP. Also, risk twice as less as you usually do. This is shorting the long trend pullback which I don't normally do because the trend is bullish. But in short term/day trade, if you get a ppotential entry, then why not take it.
If you can find a level as strongly respected as this 1 you are onto winner winner chicken dinner. Purple arrows point out to you where price has respected this level on numerous occasions, previously it has respected this level as resistance, We can see price broke this resistance and shot up, Now we can only see upside movement with this pair but price might...
We can see from our support and resistance zones that price has been respecting these levels for a while and price is once again currently in our resistance zone, but this time we can see price breaking this resistance and moving higher to the upside because of recent bullish candles coming into this zone. If we take a look at the monthly chart you can see plenty...
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
#CHFJPY, @CHFJPY, JPY getting strong while chf getting weak.
CHFJPY has been moving correctively for some time. For now ignoring any short plays. Wanting to catch the next wave up. Here are two options. 1- Wait for price to aggressively break out from where it is currently and wait for smaller TF correction before entering. 2- Hold out for another move down and get in after price breaks the lows.
Hi Guys. Watch bottom for long. Good luck. Please support the setup with your likes, comments and by following on TradingView. NOTE: Looks like a corrective structure is making, still too early to tell but very soon we will see.
CHFJPY is approaching its resistance at 110.753 (0.618 Fibonacci retracement) where it could potentially reverse to its support at 108.421 Watch out for the break in the black trend line as this could leads us back to its support of 108.421 See previous analysis SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
CHFJPY short term opportunity in CHFJPY Take profit at 110.808
Looks like as we are approaching the key support trendline ( view my last idea ) we are forming a falling wedge pattern on the 1hr. This could be a good sign pointing to a move higher in price. Looking for a strong break and close of the wedge would be good to see here. Follow for more ideas like this one!!
CHFJPY is setting up to make a crucial descision in the next few days. We are approaching a key support trendline and the interaction we get will be important. There are two ways of drawing the support line so I posted them both and you guys can determine which one you like better. If we are going to move up, we will probably form some type of reversal pattern...