I AM STILL expecting CHFJPY to complete its retracement as previously stated. Also Stoch RSI is moving into oversold territory. See previous analysis SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
CHFJPY made a good retracement previously i am now expecting another pull back before it goes back down Also Stoch RSI is rallying upward. See previous analysis PLEASE LIKE, COMMENTS AND FOLLOW FOR MORE
CHFJPY seems to have started its retracement. i am expecting it to retraced to Fibonacci retracement level of 0.786 as previously marked. Also Stoch RSI is rallying upward. See previous analysis PLEASE LIKE, COMMENTS AND FOLLOW FOR MORE
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.
CHFJPY SHORT ON THE CARDS waiting for the sell before the bulls move in like, follow and comment thanks
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!
Quick short trade on CHFJPY. Cheers
If it closes as it is, I'm going bullish on this pair. If not. I leave it alone.
Volume showing dulness so short it sell & tp are mentioned in charts
Buy above 115.90. Stop loss at 115.44. Take profit at 117.10. Reason for the trading strategy (technically): Price is testing major support at 115.90 (61.8% Fibonacci extension, horizontal overlap support, Fibonacci retracement) and we expect a strong bounce from this level to push price up towards 117.10 resistance (50% Fibonacci retracement, horizontal...
On the 1 Week, price has failed to create a Higher High to break the Weekly Resistance (Fib 0.50); instead created 2 Lower highs. A break of a Lower Low beneath the Weekly Trendline will confirm The Long term bearish Trend. Fib 0.382 has held strong since November and has proven to be an area of rejection/ confluence. Inverted Triangle forming on the 1 week so a...
Buy Bottom of channel with 0.500 Fib support Target 118.461 - 450 pips Short stop 112.370 if breakout below channel FX:CHFJPY
I am looking to get long on dips for a target to 116.07, stop below 115.11
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!
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!
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...