Pair: CHFJPY Prediction: Sell / Short Target 1 : 38,2 % Target 2: 31,8 %
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.
Pair: CHFJPY Prediction: Buy / Long Target: 113.000
Pair: CHFJPY Prediction: SELL/ SHORT Target Zone will be 110.500
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 Current structure displays a bullish channel. If/when the formation breaks, price will break out. Price is making higher highs and higher lows. Setting the SL below previous low, which will indicate a weakening trend. Otherwise, we ride it up to 115.120 level. Thanks for reading and much success! Follow- and let's build success. - StampsFX
CHFJPY about to break the strong resistance zone above. or it may go down as well so wait for it
Pair: CHFJPY Trade : Long Time Frame : 1 Hour Strategy: Wedge DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
CHF/JPY is heading for a break of the 50 EMA on the 8H chart. On the 1H chart, it has broken the 200 ema for the first time since it's bullish run. As long as the 200 EMA on the 1H chart holds strong as resistence, we can expect CHF/JPY to drop 150 pips+. *Give it 1-2 more hours for the confirmation of the move. Trade safe.
CHFJPY rallied very sharply over the past few days, for now price action is forming linear compression and momentum is weakening across the board so I am looking to short this market. Trade Safe and have a great weekend!
CHFJPY is a nice runner from the start of this week but price action seems to be struggling to the upside whereas the momentum is getting weaker as well which is suggesting a sharp sell off. If you have your trading strategy watch out for shorts. Trade Safe!
Each pair in the foreign exchange market is unique. But if we carry out some conditional classification of currency pairs, then we can single out those that are prone to trend movements and those that gravitate toward movement within the the outlined range (flat). The second type includes most of the cross-rates: EURJPY, EURCHF, GBPCHF, CHFJPY, etc. And even among...
The current prices (the lower boundary of the medium-term range 110-118) are in themselves the reason for buying a pair CHFJPY. This is a very ordinary transaction within the strategy: "buy from the bottom of the range, sell from the top." In this case, the stops are placed below 109, and the profits are set either in the intermediate level (113 or 116.20) or near...
I was looking at different FX charts last night when I found the Daily tf of the CHFJPY.I had a look at its chart to investigate the development of price action so far. What I found that jumped at me from the screen was this monster double top pattern. The first top of the pattern formed on July 11, 2017 and what is interesting to see here is that the first top...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
Seems like bulls can't break through this resistance level and has made multiple tops as a result. The bullish momentum from which this came from has been made too intensely and the bulls seem exhausted (or some may already be taking profits at this level) as shown by the decreasing volume. Several reversal candle signals are visible such as the Bearish...