Inversion on multiple bottom pattern R/R = 2:1 TP1 = 25 pips TP2 = 50 pips
Seeing some bullish candles at support so I am going long and targeting previous Daily resistance.
Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: CHFJPY is sitting around strong resistance in green so we will be looking for sell setups on lower timeframes. on H4: CHFJPY formed a head and shoulders pattern in orange. Trigger: Waiting for a momentum candle close below the gray neckline to sell. The head and...
CHFJPY looks like it can possibly go up from the previous downtrend. The target is around a 1:2 risk to reward ratio.
CHFJPY BULLISH BAT PATTERN Market Buy Order Set Up. Buy Entry: (116.347) Min Take-Profit: (116.627) Max Take-Profit: (116.874) Stop-Loss: (116.070) Max Risk-Reward: (1.90) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
Type 1 is over,price returns to retest hsi at HOP level for type 2 entry
CHFJPY Technical Analysis and Trade Idea
The double tops pattern was formed on the hourly frame and also on the daily frame and also the supply area was strong, so the price may continue to go down, and this will be confirmed if the price breaks the resistance line.
CHFJPY long after a pullback to a good resistence. MArket still bullish and is currently on an uptrend. Going long now.
We are in a daily demand zone with confirmation on H4 returning to the original zone.
Here we can see price is trading in a flat channel highlighted with the black horizontal lines and our green highlighted rectangle. Price is contained in this area. We are waiting for price to breakout to the downside on this pair. Please drop me a message. I'll be happy to help with any forex related queries!