Hi guys, this may came too late but for pattern traders, this is still a valid entry reason, i usually take patterns with a limit order only when certain condition are met, and this is not the case. However i can still enter the trade with a valide structure reason, like the double top that you see here (with RSI Divergence). If and when price will come back, i'm...
Hi guys, this may came too late but for pattern traders, this is still a valid entry reason, i usually take patterns with a limit order only when certain condition are met, and this is not the case. However i can still enter the trade with a valide structure reason, like the double top that you see here (with RSI Divergence). If and when price will come back, i'm...
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...
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...
The CHF/JPY pair has been on a long term downtrend, and could give over 200 pips on this.
Chfjpy Trading around 111.75 level. Strong Rejection area seems above 111.4 if hold below this level we can see a drop toward 110.5-109.7 Advice sell in range of 111.75-112.2 SL above 112.6 TP1 110.8 TP2 109.7
Hi guys, just to let you know why i'm shorting this pair, price has reached a key structure level (blue line) and here it's formed a nice double top with RSI divergence. Stops above the highs, target1 and 2 as displayed in the chart. If you want to ask questions or share your view, comment below. Otherwise, see you in the next chart!
Hi guys, just to let you know why i'm shorting this pair, price has reached a key structure level (blue line) and here it's formed a nice double top with RSI divergence. Stops above the highs, target1 and 2 as displayed in the chart. If you want to ask questions or share your view, comment below. Otherwise, see you in the next chart!
Chfjpy Formed Strong Bearish Pin bar and its monthly pivot points seems around 113 level if hold below 108.5 breakage may call for 104-105 level. We advice if hold below 113 just short for 109-105
No bottom to stop fall of this pair. No big demand zones visible on daily. Sure, there will be some bounces, but nothing serious.
Chfjpy Change its Trend on daily chart and also hold below 113. where its weekly pivot point is 113.3 if hold below we can see a drop toward 111 sell advice in range of 112.65-113.1 sl above 113.5 Tp 111
cypher, butterfly, ABCD watch price action in the zone
Already in the shark zone, but i prefer to entry on red zone