Chf-jpy
CHFJPY | H&S BreakoutPlease support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 111.653
TP1 - 110.791
TP2 - 109.884
TP3 - 108.863
TP4 - 107.820
TP5 - 106.935
TP6 - 106.141
SL - 111.925
Reason: Price made a breakout of Support trendline. Also we have an H&S pattern. Price was rejected by Pivot Point.
-Please consider to initiate a position on a confirmed breakout of Ichi Cloud Support zone. Also consider to put your stop-loss above the Pivot Point.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
CHFJPY | Double TopPlease support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 111.973
TP1 - 111.514
TP2 - 111.056
TP3 - 111.559
SL - 112.113
Reason: Price formed Double Top. We can initiate a short position on a breakout of S1.
-Please consider initiate a position on a confirmed breakout of S1
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
CHFJPY with a Possible Head & Shoulders on the DailyBoom! Looks like volatility is coming back to the markets!
We are gaining some good proifts on selling the DAX and buying XAUUSD... but its probabily time to get us some JPY too!
The daily chart on CHFJPY shows a possible head & shoulders pattern and indicates a strong possiblity that a reversal and retest of key support is due.
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CHFJPY hit towards strong trendline, push towards highI have a bullish analysis on the current structure CHFJPY has made so far, price is at a somewhat strong trendline. we'll enter the buy now as the spinning top candle that was just formed looks promising. If we get a breakout of the trendline within the next 12-24 hours, the trade will not be valid anymore and we'll close it to start the bearish trend towards the low.
CHFJPY BUY
start: 112.293
stop loss: 111.943
take profit: 113.952
Possible trend shift in CHFJPY – going shortThe Tidal Shift Strategy has just sold CHFJPY at 112.261. The system recommends entering this trade at any price between 112.16 and 112.362. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -3.192, which suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.081, so the stop loss has been set at 112.665. This stop loss order is a trailing stop that will move down as the market moves down. 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: 70553
Time Issued: Monday, 10 February 2020 19:01:17 GMT
Status: open
Entry: 112.16 - 112.362
Limit: N/A
Stop Loss: 112.665
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Past Performance is not an indicator of future results.
Possible trend shift in CHFJPY – going long BUY
112.729 - 112.935 Add to Watch List
Signal ID: 70523
Time Issued: Thursday, 06 February 2020 03:00:15 GMT
Status: open
Entry: 112.729 - 112.935
Limit: N/A
Stop Loss: 112.420
The Tidal Shift Strategy has just bought CHFJPY at 112.832. The system recommends entering this trade at any price between 112.729 and 112.935. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -6.317, which suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.082, so the stop loss has been set at 112.42. 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.
CHFJPY | Has Broken Ichi Cloud ResistancePlease support this idea with LIKE if you find it useful.
Initiate Long.
Entry - 113.099
TP1 - 113.634
TP2 - 113.801
TP3 - 114.077
TP4 - 114.395
SL - 112.932
Reason: Price broke out the Ichi Cloud resistance and closed above R1. Currently facing 61.8% Fib resistance. We can initiate a long position on a breakout of 61.8% Fib. Please consider initiate a position on a confirmed breakout.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.