Hello Traders, here's an analysis of this pair. Red is sell zone, blue is buy zone, and yellow is potential take profit target. If a sell or buy zone is not shown, it means we are only interested in the bias provided "buy (long) or "sell" (short). Like, comment, and follow if you'd like these trade ideas delivered straight to your email in the future. We...
Gold is rallying against the dollar, the chf has high correlation to gold due to the amount of gold in switzerland backing the currency. so because of the daily uptrend we look for long positions, the hourly chart is oversold and bouncing of ema89 after contracting. im opening a buy position here
- Price rejected at monthly resistance by forming bearish engulfing candle on monthly TF - Price being retracing to Fibo level on weekly TF - Price reached daily structure - Falling wedge paten on 4H TF
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
On this retest price is forming a lower high on this wave and retesting the bearish engulfing on the monthly. Anticipating a bearish wave from here
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CLEAR SETUP SEEN TO BUY MORE. Follow me guys as you view my content
Good day friends. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday CHFJPY-Technical analysis ⚡️price is well below the 116.00 and key resistance level ⚡️Rising wedge formation is about to end which is a clear sign of Bearish trend ⚡️Swing target would be 114.400 ⚡️115.00 Area will act as barrier for...
BAT pattern might be forming on this pair. SELL now SELL CHFJPY @ 116.000 TP1 114.000 TP2 112.000 TP3 110.000 SL 117.000 Please hit Like & Follow to support more analysis. You can also comment to share your bias.
CHFJPY is forming a rising wedge, iam waiting for a breakout by the downside to validate the structure.
we have many set ups in the days ahead that look good, possible 5 wave move up and get a drop at current zone
CHFJPY is stuck on the supply area and forms Rising Wedge Pattern, possibly it will go down to the demand area.
CHFJPY Daily/4H/1H indicates a downtrend, the price currently at 0.90900 area, next key level at 0.90100, if continue to fall below we might see a further drop even to 0.87000 or even 0.83400 ⚠️📈Risk Management // Disclaimer 📈⚠️ • Please remember that patience is the second name of this business and risk management is everything. • Do not risk more than what...