Chf-jpy
CHF/JPYThe trend is short (sell), it made a retracement for buy, now is a good position for sell.
Trading mindset:
1. Enter If chance (analysis) is in your favor.
2. 1:2 risk/reward.
3. Using 1% risk.
In longer term it pays off very well and keeps your capital safe! (Breakeven: If you are correct 33% of the time, your capital is safe)
Adopt this mindset in order to be successful trader.
FOREX: CHFJPY - SWING - 17. DEC. 2018WELCOME TO DACAPITAL-TRADING!
CHFJPY FOREX BREAKDOWN 17 DECEMBER 2018
1 HOUR
Strong bullish price action..
4 HOUR
Strong reaction to 113.500 possible HL and now up!
DAILY
Overall bullish price movement with Bullish waves and a lot of HH / HL!
LEVELS
(Please split your Position to 3 small ones for perfect entrys!)
BUY CHFJPY
1ST @ 114.040
2ND @ 113.990
3RD @ 113.940
SL @ 113.600 (40 Pips)
TP @ 114.480 (50 Pips)
RR: 1.30
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
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EURCHF Approaching Resistance, Potential ReversalEURCHF is approaching its resistance at 1.1321 (100% Fibonacci extension, 38.2% & 76.4% Fibonacci retracement) where it could potentially reverse to its support at 1.1268 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
CHFJPY: Recurring pattern shows buy to 115.00.The pair has been trading within a 1D Channel Up (RSI = 58.527, MACD = 0.260, Highs/Lows = 0.1893, B/BP = 0.7780). The specific identical patterns illustrated with the ellipse, show that further uptrend follows after those are formed. We estimate our long target at 115.00.
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CHFJPY approaching resistance, potential drop! CHFJPY is approaching our first resistance at 114.33 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 113.96 (horizontal swing low support, 61.8% fibonacci extension, 23.6% fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
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Possible trend shift in CHFJPY – going longThe Tidal Shift Strategy has just bought CHFJPY at 114.21. The system recommends entering this trade at any price between 114.062 and 114.358. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -2.387, which suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.119, so the stop loss has been set at 113.616. 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: 60534
Time Issued: Tuesday, 11 December 2018 20:00:15 GMT
Status: open
Entry: 114.062 - 114.358
Limit: N/A
Stop Loss: 113.616
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
78.58% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CHF JPY SELL (SWISS FRANC – JAPANESE YEN)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell.
CHFJPY, Bearish Bat & Libra, short?waiting for entry point, and shorts..
-DYOR
-YTD
Good Luck
-YusufDeli
Gold remains just shy to hit $1246/50 levels!Gold might be unfolding into its last wave at a lower degree at this point, and prices might be hitting $1246/50 anytime soon. The metal is trading around $1241 levels at this point in time and looks like its into a sideways movement at a lower degree before it bursts higher to $1246/50 levels. Looking into the wave structure though, Gold is still working on a higher degree Wave C, within an A-B-C corrective rally that began from $1160 levels earlier. Immediate resistance is seen through $1246 while support is seen at $1216 respectively. Ideally, prices would stay above $1228 levels to keep the impulse structure at the lower degree intact. Overall, the short to medium term outlook remains bullish .
Disclaimer:
This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
AUDCAD Approaching Support, Potential BounceAUDCAD is approaching its support at 0.9650 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.9698 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 7.9% where a corresponding bounce could occur.
EURCHF Approaching Support, Potential BounceEURCHF is approaching its support at 1.1257 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, Horizontal swing low support) where it could potentially bounce to its resistance at 1.1307 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (21, 5, 3) is approaching its support at 6,1%, where a corresponding bounce could occur.
CHFJPY Long Setup Pt. 2CHFJPY Long setup presenting itself again.
Rejection of the previous resistance zone, hammer on the support zone, 50% Fibonacci and ascending TL confluence zone.
Details are on the chart.
Happy Trading!
Extreme trader sentiment points to possible CHFJPY uptrendThe Trend Follower Strategy has just bought CHFJPY at 113.075. The system recommends entering this trade at any price between 112.952 and 113.198. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.527. This suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.491, so the stop loss has been set at 112.584. 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.Trend Follower is a trend trading strategy that aims to buy and hold rising currency pairs and to sell short and hold falling currency pairs. The strategy looks to buy when the Speculative Sentiment Index is below -1.5, and looks to short when it is above +1.5.
Signal ID: 60434
Time Issued: Wednesday, 05 December 2018 07:00:16 GMT
Status: open
Entry: 112.952 - 113.198
Limit: N/A
Stop Loss: 112.584
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
78.58% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CHFJPY long term and short term playWe can see an aggressive rejection from the high to the current level. At the moment it will probably form a bear flag. I am going to do 2 trades here, a swing trade and a normal day trade. For the entry, i will wait to see it form the bear flag first and for both i will short the first 50% when i see some rejection from the bear flag and make them normal sizes at that yellow circle.
CHF/JPY Trend Continuation: Approaching Structure LevelsAlthough we are seeing bearish movement of USD/JPY, based on technicals, I am still bullish on CHF/JPY
Looking for price to find structure at one of the three indicated levels
We are looking for a short setup on CHFJPY don't miss this !!!We are looking for sell trade on CHFJPY since the structure is complete. Do not miss it!!!
Dow Jones clears 25500 levels. Pullback ahead?The Dow Jones managed to push through its immediate price resistance at 25500 levels on Friday. It is seen to be trading around 25520 levels (spot), and could be ready for a pullback towards 24800/900 levels going forward. Looking at a higher degree wave structure, after having produced a 5 wave drop from 26950 towards 24100 levels, the Dow is unfolding into a corrective structure as potential Wave (2), before Wave (3) drop continues. Please also note that Wave (2) might have terminated at 26300 levels, or it could still be unfolding as a complex correction and could re-test 26300/400 before resuming lower again. In either case, we could see prices staying below 26950 levels as Dow Jones remains bearish in the medium term. It could be a safe strategy to remain short for now, with risk above 26950 levels and potential target below 23000.
Disclaimer:
This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
