I am looking to get long on dips for a target to 116.07, stop below 115.11
Reasons for setting buy orders: - D1 support area + bullish candle (D1) - H4 Divergence - H1 break of nice trendline with strong impulse leg We are waiting for retracement! Keep it simple :) Good Luck :) Forex Swing Traders
Hey guys, unfortunately we're taking out at breakeven the second position of our previous trade (see attachment). But that doesn't mean we'll be out of this market for long; in fact, we've already found another opportunity to enter this market, hoping in a continuation of this upward trend (that's now in consolidation). As long as we see prices above X i'll be...
Hey guys, unfortunately we're taking out at breakeven the second position of our previous trade (see attachment). But that doesn't mean we'll be out of this market for long; in fact, we've already found another opportunity to enter this market, hoping in a continuation of this upward trend (that's now in consolidation). As long as we see prices above X i'll be...
If the support keeps holding, then the next TP could be 100 pips+ higher. This could definitely be a continuing pattern. For more confirmation I would suggest to wait 12 more hours. Always invest after your own analysis and money manage properly! Happy Trading!
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.
Hey guys, in front of you you can see two charts, and that's because i wanted to give you a better perspective on how i look at the markets. As you can see on the left (daily timeframe) price has recently broken and closed above multiple resistance levels, which is an indication of a long bias. Therefore our mindset is now on "buy opportunities" and we can take a...
Hey guys, in front of you you can see two charts, and that's because i wanted to give you a better perspective on how i look at the markets. As you can see on the left (daily timeframe) price has recently broken and closed above multiple resistance levels, which is an indication of a long bias. Therefore our mindset is now on "buy opportunities" and we can take a...
Waiting for a daily candle to close above 114.893, will be looking for either (1) an engulfing candle or (2) a break and retest of structure high. Not much to it besides basic price action and pivot points. The current consolidation inside the yellow zone leads me to believe a bullish trend will commence here in the next few days. Areas of interest will be the...
CHF/JPY is currently in an important zone and a breakout to the upside would bring the currency pair higher up by about 200 pips and plus from my analysis. Always trade after your own analysis and always risk manage properly. Happy trading!
Chjpy trading around 113.2 level where its formed low 112.6 and hold its smartly and also seems a good demand zone. around 112.6-112.9 level. and on H4 also Divergence after all sign we can expect a jump toward 114-114.5 level. Advice to buy in range of 113.2-112.5 sl 111.7 TP 114.5
buy setup on chart. waiting gartley complete
Looks like this pair could come down and test a Major Support Level @112.500 (last touched June 14 2017). Not only is this a Major Support Level but it is also a Psychological Level . We also have some Confluence with the 1.414 Extension as well. R:R 1.65 and 2.57
Long CHFJPY @ 113.44; TP 115.87, SL your choice
CHFJPY fall after dovish comment from snb with no interventions, over all the pair still bearish ,currently the pair making support zone with the double bottom pattern into daily time frame, we can see one retracement level uptp 50% .We don't like to selling the pair. BUY CHFJPY @113.90/75 Target: 114.70/115.30 Stoploss: 113.40 gud luck ! #forextuitons