CHF/JPY New Buy Trade With Great R:R 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
CHF/JPY could PUMP NOW!Hey tradomaniacs,
The market is really choppy looking at equities. It looks like the tec-hype is currently over as we see a suffering Nasdaq, while indicies with a worse performance last year are rising (DAX30).
This is causing a mixed cashflow and so a little bit of chaotic forex-market, which is testing our patience.
I`m currently looking for CHF-Trades as there is still much uncertainy in the market which is likely to look for safe havens such as Bonds, JPY and CHF.
Since YIELDS continue to rise, a BOND-DEAL is still very risky as new distributed bonds are providing more profits with rising yields, which is by the way why we have this inverted correlation.
JPY and GOLD/SILVER are bad alternatives to bond as there are suffering due to the rising yields. A good alternative would be CHF and I expect it to move up soon if uncertainy continues.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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CHFJPYHello Guys Welcome back to another profit week
If you like my idea please give me a like and comment, Thats will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
CHFJPY moving in support area, if not break the support area there will be a perfect buy entry, Let watch together
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.
Please support this idea with a like, if you find it useful
have a good profit week guys
CHFJPY Video analysis 07-03-2021CHFJPY
Was trading within a range only the range was around 300 pips from 116.00 to 119.00.
From 116.500 it went bullish up to 119.00 and reached 2021 yearly high and started falling towards yearly low levels. CHFJPY will fall towards 114.00
Sell @ 116.500
Take profit @ 115.100
Stop lose @ 116.850
CHF/JPY New 2 Setups To Cath More Than 200 PipsThis 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
Hi Traders Possible Reversal On CHF/JPYHi Traders
CHF/JPY (Daily Timeframe)
A high probability, entry to go SHORT is forming @ 116.154 after the market found resistance @ 117.772. Only the upward break of 117.772 would cancel this bearish scenario.
Trade details:
Entry: 116.154
Stop loss: 117.772
Take profit 1: 115.199
Take profit 2: 113.581
Take profit 3: 110.944
Score: 6
Strategy: Bearish Trend Reversal
CHF/JPY SELLCHF/JPY has been in a ranging market structure since last December , failing to breakout if this market structure.
I expect the pair to fail in breaking above the key resistance area and sell until it reaches the important yellow support area .
Therefore continuing with the ranging market structure .
Adding on to the confluence , I see a potential double top forming near the key resistance area which indicates the reversal (sell) in the price .
This is shown by the Orange path drawn
📢CHF/JPY Potential short Hey traders 👨💻
Looking at this pair we have had a H&S that has retraced back to the neck line and failed to go any higher. I now assume it will come back to retest the trendline and support around the 116.250 area. We must first clear the structure beneath it first. Adding this to my watchlist 👀
CHFJPY | Perspective for the new week | UpdateThis is a follow-up on my previous publication as we are yet to find a headway (see link below for reference purposes)... Recall, I mentioned in my last publication that we are in a long term uptrend situation on this pair. However, it appears the price is going through a corrective phase that might incite the much-expected rally in the nearest future.
In this regard and despite Bullish expectations, I am looking for a "quick" counter-trend opportunity with hopes of a rally in sight.
Tendency: Downtrend ( Bearish )
Structure: Breakdown | Supply & Demand | Harmonic pattern (AB = CD)
Observation: i. Since the 16th of February 2021, Bears have been engaging the charts as I expect a transposition to a Harmonic pattern (AB = CD) this week.
ii. ABCD pattern with parameters explained below;
a. Leg A-to-B is expected to be in harmony with the potential C-to-D leg.
b. The B- to-C leg is currently hovering around 61.8% (with a possible 78.6% in the future) Fibonacci retracement of the A-to-B leg.
c. The C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext. of the A-to-B move @ Y115.500/115.000 area.
iii. My Key level @ Y117.300 shall be my yardstick for Bearish expectations in the coming week as any spot below this level is good for me!
iv. This been said, I am advising that taking this trade requires utmost attention as we are generally on an uptrend and factors that might disrupt this set-up giving way for an immediate rally continuation can happen anytime... trade consciously :)!
Trading plan: SELL confirmation with a minimum potential profit of 200 pips.
Risk/Reward : 1:3.5
Potential Duration: 4 to 10days
NB: This speculation might be considered to make individual decisions on the lower timeframe.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, 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 - Shift of Momentum (Short)Hi Traders
I am currently watching CHFJPY as it is providing a very interesting price action setup.
With the recent rejection of the structure level the momentum has shifted to bearish.
I am expecting a continuation to the downside.
An entry scenario requires a clear push below the current support level. I will place my sell limit at that very level, expecting a re-test. My trading plan requires a minimum 1:2 RR.
Once the price hits 1R (dashed line) the stop loss will be moved to break-even.
Let me know what you think in the comments below. Good luck!
CHFJPY long trade ideaPlan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
CHFJPY | Perspective for the new week | Follow-upWith 200 pips in our favour since my last publication, it appears we are close to another trading opportunity should the pattern transpose into expectations.
What appears to be a temporary Breakout of Y118.000 on the 15th Feb 2021 reveals that there is a strong presence to buying pressure around this area and could be a level to focus on in the nearest future for buying possibilities but before this happens, find below my expectations;
Tendency: Uptrend ( Bullish )
Structure: Breakout | Supply & Demand | Trendline | Reversal pattern (Double Bottom)
Observation: i. The strong engulfing Bearish candle in the last couple of days after the breakout of Y118.000 is a sign that we might be experiencing "quick sells" - a correction wave in anticipation of a rally in the coming week(s).
ii. Since the beginning of the year buyers have done a great deal to keep price above Key level hereby confirming to us how powerful their presence is at this juncture in the market.
ii. In this regard, I have found two levels (Buy window I & II) to look out for buying options in the coming week(s).
iii. The Bullish Trendline on the weekly chart shall be a yardstick to maintain the Bullish bias as a Breakdown/retest of this line shall render this bias invalid.
iv. Now, if price decides not to reach any of the Buy windows, a close above Y118.000 could be a good opportunity to join the rally... Trade consciously :)
Trading plan: BUY confirmation with a minimum potential profit of 400 pips.
Risk/Reward : 1:3.5
Potential Duration: 15 to 25 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, 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 Rejection From ResistanceThis has had a big rejection from the resistance level and has continued down to support where it has finally slowed. I expect this to be a brief correction before continuing downwards.
For an entry to a short I want to see this break the support and then retest it as resistance. Then a short can be taken with a target at the next support of 113.819
CHFJPY Still BULLISH...Possible Rejection From Here!!!We managed to see a nice 261.8 fib level rejection followed by a BEARISH movement back to 161.8% fib level. Also, price level is currently near my moving averages which I expect a possible rejection here. Looking at the chart, we can see great BULLISH pressure holding CHFJPY for now. It have yet to breakout of the BULLISH climb momentum. Having said that, I expect movement to minimally test the 261.8% level once again with a potential breakout bringing price to the next fib level.
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CHF/JPY BUY SIGNALHey tradomaniacs,
welcome to another free trading-setup!
CHF/JPY: Day-Swingtrade-Execution
Market-Buy-Order: 117,830
Stop-Loss: 117,515
Point of Risk-Reduction: 118,190
Take-Profit: 118,795
Stop-Loss: 32 pips
Risk: 0,5% - 1%
Risk-Reward: 3,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me