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Chf-jpy

Possible trend shift in CHFJPY – going longThe Tidal Shift Strategy has just bought CHFJPY at 116.873. The system recommends entering this trade at any price between 116.711 and 117.035. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -4.441, which suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.13, so the stop loss has been set at 116.226. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 73281 Time Issued: Thursday, 10 September 2020 17:00:17 GMT Status: open Entry: 116.711 - 117.035 Limit: N/A Stop Loss: 116.225 Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here. Past Performance is not an indicator of future results.
Long
by FXCM
2
CHFJPY a short move 🦐CHFJPY on the daily chart hit a very string resistance at 117.600 area and got rejected. Market reached the 0.5 fib level retracement and now retesting a daily resistance. Price is moving inside a discending channel and if the market will give us a new sign of inversion, we can set a nice short order according with PLancton's strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Short
by InkyGrip
11
CHFJPY on a 4h support 🦐CHFJPY on the weekly chart reached a very important level around the 118 area. On the daily chart we can see that market tested once the resistance level before getting rejected back around the 116 area. Currently on the 4h chart price is consolidating between 2 structure and we will wait for a possible break to set a nice order. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
by InkyGrip
6
CHFJPY - SWING - 31. AUGU. 2020Welcome to our weekly trade setup ( CHFJPY )! - 1 HOUR Bullish market open and pressure. 4 HOUR Close above main sr level closing back within our range. DAILY Overall waving and slowly rising market structure, good long entries! - FOREX SWING BUY CHFJPY ENTRY LEVEL @ 116.630 SL @ 115.953 TP @ 117.650 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
18
Don't miss the great sell opportunity in CHFJPYTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (117.27). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CHFJPY is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. Take Profits: TP1= @ 115.80 TP2= @ 114.41 TP3= @ 112.00 TP4= @ 110.26 TP5= @ 108.73 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
1
Don't miss the great sell opportunity in CHFJPYTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (117.27). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CHFJPY is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. Take Profits: TP1= @ 115.80 TP2= @ 114.41 TP3= @ 112.00 TP4= @ 110.26 TP5= @ 108.73 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
4
CHFJPY continue the bull trend 🦐CHFJPY on the 4 chart is moving inside an upper channel and reach the weekly resistance. Market has now bounced at the bottom trendline of the channel and the 4h support that is also the 0.618fib retracement of the previous leg. At the break and retest of the upper 4h dtructure we can set a nice long order according with Plancton's strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Long
by InkyGrip
7