CHF/JPY Very Bearish At The Moment , Full Analysis, Short Setup This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Chfjpyanalysis
CHFJPY ShortHi traders,
CHFJPY has reached our major resistance and we could see it go bullish in the begining of next week. I anticipate a rejection in the next three weeks/ or sooner to bring the currency pair back to our key level. I usually take a trade when I hve at least 3 confirmations however, the CHFJPY pair is currently oversold as indicated in an orange circle on the RSI. This analysis was done on the weekly timeframe and thus I will be holding this for at least 3 - 4 months.
What are your views on this currency pair? Do you believe that it will break through our resistance?
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
CHFJPY | New PerspectiveQuick one!
Similar scenario with what we have on the EURJPY... It seems to me that the Japanese yen is getting some traction with the fresh new month hence it's worth considering other JPY pairs for opportunities.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
CHF/JPY Trying To Give Us Perfect Short Setup,After ConfirmationThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CHFJPY | New PerspectiveIt has been strong bullish momentum in the last couple of weeks and it appears we might be heading for a retracement in anticipation of a trend continuation to the upside. In this regard, we are hoping to take advantage of a counter-trend opportunity if it finally happens. A reversal pattern is identified on the 1H time frame and a signal is confirmed considering the broken neckline. At this juncture, it is advisable that we wait and see how the price reacts to the neckline.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
CHFJPY LONG - Buy Entry - H4 ChartCHFJPY LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: CHFJPY
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Last High Resistance @ 134.605
Resistance @ 133.419
Support @ 131.607
Support @ 131.022
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CHFJPY BULL RALLY SMASH TARGETAfter 1 year 6 months, CHFJPY smash target of 1,400 pips, and in total, 3 positions was taken with 3 different target of overall pips of 2,450.
Wealth is quiet, less is more to what i have to say on this analysis, if you are seeing this, i want you to know you can truly become a successful forex trader if you have the right coach...
cheers to CHFJPY its great to actually smash target, first it seem impossible and with time, it just feels great trusting your analysis.
Initial Signal from SEPTEMBER 2020
‼️BUY STOP ‼️
CHFJPY
ENTRY: 117.000
TP1: 120.500 (350)
TP2: 124.000 (700)
TP3: 131.000 (1,400)
TOTAL PIPS: 2,450
TRADE WITH PROPER RISK MANAGEMENT
I am forever STUCKINPROFIT
CHF/JPY GETTING READY FOR THE CREATION OF THE NEXT HIGHER HIGHMonthly
The price is currently creating higher highs and higher lows. We could expect a creation of a new higher high.
Weekly
The situation is the same as monthly time frame. The price is creating higher highs and higher lows. The price is getting ready to create a new impulse.
Daily
The price was creating lower highs and lower lows. Currently the price is creating a higher lows. The price is now in confluence with monthly and weekly. We could expect the creation of a higher high in the weekly time frame.
CHFJPYCHFJPY Looking For Shorts
I'm Looking To Short Based On The Price Retesting/ Filling In The Daily Inefficiency
Price Rejection To That Level 126.460
We Have A Daily Rejection Block
After Price Took The Orders Resting Above The Old High
We Have Distribution Schematic (Which I Did not Mark Up)
Plan
We Have Our Maximum Stops =30 Pips
Targeting To Run Over 2 Asian Lows That Are Too Cleaned
PLEASE WATCH-OUT FOR THE 11 Mar Asian Low It Near Inefficiency Which Can Drive Price Higher Before Taking Out The Old March Low (124.250)
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CHFJPY, which Safe Haven currency will be stronger?Hi Traders,
With the on going situation happening between Russia and Ukraine, investors seem to be turning to safe haven currencies as tensions escalate. Looking at the current price action, we can still see many bearish developments with indication more downside is possible. We may get another touch at the top of the ascending channel that price is currently moving within, however we may start to drop as JPY seems to be gaining momentum as this past week closed off.
Be patient and follow your trading plan, don't get trapped in the corrective phase.
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Trade safe!
CHFJPY | Testing ResistanceCHFJPY is approaching to important resistance area. Will it break this time?
It failed to break since 18th January early this year and price are constantly testing it. Only if it manages to break then one can enter long in here otherwise rejection candle will be enough to open short position.
Trade your levels accordingly.