Chfjpyanalysis
CHFJPY long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
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CHFJPY long trade on pullbackHello traders,
We have had a nice short trade earlier on this pair and now after the pullback we have spotted a nice bullish engulfing candle which suggests that we should see further upside movements. I have gone long on this and marked the entry point, sl and tp for you as well.
Ultimately I think it should make a double top before deciding further direction.
Let me know what you think.
Trade safe and good luck.
CHFJPY short for 120 pips.Nice setup this. After a decent push up we are expecting some retracement if not a complete reversal. CHF weakness should also help the cause. Price action is at a major level and we have seen bearish engulfing candle printed on the 4h chart.
I have gone short on this and marked tp and sl for you as well.
Trade safe and good luck.
CHFJPY BULLISH HEADS AND SHOULDER RETEST1. Head and shoulders breakout.
2. RR could have been better
3. EMAs show a good bullish trend
4. TDI showing bullish signals
5. Bounce of trendline.
* Wished I could have got in at a better RR but rules are rules, enter at the close.
*Target at next major supply zone
CHFJPY--Bigger Chat market View--Potential Sell MoveHy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view.
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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.this is not signal. it's my opinion. trade you own risk.
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CHFJPY. Price will be subject to short-term decline.Hi traders.
The price of this currency pair has reached a key level,
since the price has been supported all the time by the uptrend,
it will continue to do this, but should touch it.
The price will fall to the Aptrend line, this is the target.
Good luck to you.
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This idea does not provide the financial advice.
CHFJPY. Will the price match the pattern?Hello dear subscribers!
The price of the Swiss franc is in the cup and handle pattern.
The price should reach the level of 111.500.
Good luck to you.
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This idea does not provide the financial advice.
CHF/JPY Possible Short OpportunityGood morning Traders,
let's continue today with more positive results, just like yesterday.
We can see CHF/JPY on 4H chart that the price is bounced of the Resistance of a Descending Channel giving us a opportunity to open short position right away as we believe it is sign of that price will go down.
Entry - SELL @ 110.433
TP1 - 109.933
TP2 - 109.433
SL - 110.933
Good luck !