CHFJPY, SELL on H1Below huge supply zone.
Wait for the price to create a double top and us 1st TP will be 113.35
Chfjpyanalysis
CHFJPY Bearish OANDA:CHFJPY By breaking below blue line I think it is a confirmation that price will drop.
CHFJPY SHORT IDEACHFJPY just reached the top of a channel and is forming a nice bearish candle indicationg a trend reversal. My SL is 30 pips and my TP is 80 pips,
CHFJPYDowntrend detected on higher timeframes. Also, a possible' reversal formation is looking likely further confirming the sell signal. For the short term, go for Target 1.
CHFJPY SHORTWe could see the formation of a descending channel with lots of room begining to flow to the downside . This will be invalid f this pair reaches the 114.40-50 mark so trade wisely guys and always use your correct risk management :)
CHF/JPY approaching resistance zone💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really appreciate any likes and follows, that would help grow this channel.
CHF/JPY has is approaching resistance zone. Price has been rejected from this area serval times in past. We will closely monitor this pair to see if price will be rejected again.
Let us know what you think about this idea.
Trade safe !
CHF/JPY 5 ConfirmationsGood day, snipers. In the previous week, CHF was the strongest among the currencies and I presume that this strong move will gradually dissipate. Here in the CHF/JPY, we can see that price recently visited this minor are of resistance. Also, a trend channel is present with the same angle where price bounces off which means that we are having lower lows and now at the resistance zone of the trend channel. Also price has rejected the 78.6 Fib level. Next are indicators. RSI shows clear signs of overbought levels on the 1H and MACD also shows a trailing movement above and has come to converge. I am just waiting for a better bearish candle close. I will send the perfect entry to my students.
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CHFJPY Head and shoulder Fractalsprice now at right shoulder earlier we have same fractals and setup and made decent 3% gain
waiting for this head and shoulder to play
CHFJPY BIG SHORT INCOMING?!ENG
- Price reaching our FIB reversal area, having the ex-supportive trendline as an extra resistance, we are expecting a reversal from this area, however, if we get a break we will be looking for an entry at our HH.
PT
- Preço a alcançar a nossa zona do FIB à qual achamos promissora para um reversal, tendo também a nossa ex-supportive trendline a ajudar como uma resistencia extra, estamos à espera de um reversal nesta area mas em caso de quebra, iríamos procurar nova entrada no HH atual.
CHFJPY, 4-hour timeframe, double top patternBased on the 4hr chart we could see there is a potential double top pattern on this pair.
Previously this pair moving up inside a neat uptrend channel. During the last 3 trading days starting from thursday, friday, and monday, price managed to move below the channel and probably gonna make a lower high.
Currently price hovering around 114.30-114.35 area which is the 78.6 fibonacci retracement from the recent drop
Sell CHFJPY 114.30-35
Stop loss 114.80
Take profit 1 @113.35
Take profit 2 @112.20
good luck
CHFJPY Short Trade PlanHello traders, here is the trade plan for CHFJPY. For trade entry details please refer to the chart. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
CHFJPY double Top on weekly TFDOUBLE TOP ON WEEKLY TIME-FRAME
BEARISH PIN BAR ON DAILY
strictly swing analysis
114.37 is resistance
watch out large pullback at M15 4 you enter swing position
will update the set-up within the week
CHFJPY Sell Setup for Swing Trade.CHFJPY Sell Setup for Swing Trade.
Sell Zone Range 113.900 ~114.100
Stop-loss 40-50-Pips.
Take Profit: 112.000 (200-Pips)
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
If somebody missed the last Sell Trade than we have a second plan you could consider.
Previous Analysis Link Also Attached.
CHFJPY [1H] Wait hitting support and buy it 🔥🔥🔥CHFJPY Wait hitting support and buy it 🔥🔥🔥
Howto trade ??
* wait untill candle hitting support and no break buy it for next candle 1H
Resistance ▶▶ 114.0XX
Support ▶▶ 113.6XX
Cheer it 🙏🙏🙏🙏
Drop to 112 possible as long as resistance holdsSo far, bulls have been unable to break the 114.50 resistance area. If this level remains unbroken, then there is a possibility that the bears might push the price lower to the 112 area. Selling the rallies is preferable as long as the resistance level remains unbroken.
CHF/JPY possible bullish price movement💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
Let's take a look at CHF/JPY on 1H chart. We can see nice uptrend channel and we believe price will go up to test resistance line of this ascending channel.
Let us know what you think about this idea.
Trade safe !
CHFJPY TRADE IDEACHFJPY TRADE IDEA. Price can go on 2 different ways. For the LONG position I would wait till the retest and after it bounces off, My TP is 150 pips and my SL is 60 pips. For the SHORT position I would wait till it breakes below and maybe retest the resistance, the TP for the SHORT position is 150 pips and the SL is 50 pips.
CHFJPY SHORTGOOD LUCK
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Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
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.
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