Hey guys, the chart above is the 1hr chart on CHFJPY and i'm interested in shorting this pair since we're in a very high level and at a structure point. This means i can look for entry reasons on lower timeframes such as 1hr and 4hr chart. As you can see price has recently formed two tops followed by a break of structure to the downside, this gives us the...
It's possible CHF/JPY may extend it's gains by 100 more pips if it holds the support level. As always, make your own analysis before investing as well as money manage properly. Happy trading! FX_IDC:CHFJPY
Pull back from high of candle down to .786. Looking for a retrace back to the upside. Long at the .786 Fib. TP beyond high of pullback to level of structure on high time frame. SL below 110.362
CHF/JPY Daily Looks like price has been stalling around the 110.500 support level. Look for possible Reversal up to .618 Fib where there seems to be several bounces from previous resistance.
We see the price moving up to 113. We will further elaborate the idea on lower time frame charts
FX:CHFJPY
Buy at 112.45 - 52 area 1st tp is 113.10 and 2nd tp is 113.75 SL IS 112 ,, Gartley pattern complete at D point 112.47 -55 level and then buy
The market is trading just below a trend line (the centre of the channel) dating back to the 3rd of the month. Momentum has been holding below the .3899 level. A break of the .3899 on momentum and the centre line of the channel on the market price will open up a long position aiming for the 114.20 area.
Note: This pair already break the current support zone at 112.x area. Recently there is a pullback sit on support zone and a bullish signal appeared! It is a 2B Reversal. We are BULLISH on this pair There are 2 ways to trade: 1. Long this trade now with R/R of 1:1 for TP1 a nd R/R of 1:2.8 for TP2. Or can use H4 or H1 chart to buy at dip 2. Wait the price...
WITH A CLEAR DOUBLE TOP FORMING , I AM EXPECTING THE PRICE TO HIT THE 0.38 SUPPORT ZONE ! THAT WILL BE A NICE 140 PIPS ! TP @ 108.350
PRICE IS FINISHING THE CONSOLIDATION PERIOD. EXPECT A BREAKOUT. ON THE CHART ATR LEVEL OF 1.4113 AND BEYOND THAT IS CONSIDERED AS HIGH VOLATILITY FOR THIS CURRENCY PAIR. FOR BUY: ENTER TRADE ABOVE 1.4113 VOLATILITY LEVEL; CONFIRMATION SHOULD BE A BREAK OF THE 106.326 FIB LEVEL. FOR SELL: ENTER TRADE ENTER TRADE ABOVE 1.4113 VOLATILITY LEVEL. IN ORDER TO...
CHFJPY, Trade carefully.
YOUR LIKE MATTERS : Give it a like if this has helped you in any way , follow for more ideas and daily updates. check out my AUDUSD idea linked below, there is still a chance to enter. NO EARLY ENTRIES, always watch for strong price action. It's better not to trade than loosing money.
CHFJPY HARDCORE BUY LIKE HELL. Target 111.000