chfjpy trade setupconfirmed dragon pattern and unconfirmed double top. stop must be over the resistance zone with 30min candle close
Chfjpyforecast
CHFJPY potential bounce!
CHFJPY expected to reverse up to 1st support at 110.666 where it could potentially react and bounce to its resistance at 1st resistance at 111.645.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CHFJPY potential reversal!CHFJPY expected to rise up to 1st resistance at 111.623 where it could potentially react off and drop down to 1st support at 110.880.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CHFJPY: NEXT SELL AREA IS READY.Thanks for Taking Interested in my Trading Idea.
CHFJPY: NEXT SELL AREA IS READY.
Dear followers, the best Gift for me is "will be your likes , comments & Share
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!
CHFJPY potential reversal!
CHFJPY expected to rise up to 1st resistance at 112.440 where it could potentially react off and drop down to 1st support at 112.071.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CHFJPY potential bounce!
CHFJPY expected to reverse up to 1st support at 112.128 where it could potentially react and bounce to its resistance at 1st resistance at 113.018.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CHFJPY potential reversal!
CHFJPY expected to rise up to 1st resistance at 113.336 where it could potentially react off and drop down to 1st support at 112.662.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CHFJPY potential reversal!
CHFJPY expected to rise up to 1st resistance at 113.444 where it could potentially react off and drop down to 1st support at 112.959.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CHFJPY Head&Sholders pattern formationIf the structure formation breaks successfully go for short more than 200 pip price will fall, however target is open
CHFJPY LONG This pair is currently having a retracement. So I will be looking to enter longs around the 112.000 levels if we see candle wick rejection on the 4hr time frame.
Take partial profits!
200 PIP GAIN 6/1 RR
CHFJPY SHORT quick 100 pips here, looking for another touch of the triple box for price to reject the 50 EMA, descending trend line as well as past structure to take a short here.
100 PIP GAIN 5/1 RR
rejection at chfjpy level 111.7we have reached a level where see some small rejections at the CHFJPY. due to the corona-virus, there is a big pressure on the jpy. the retail is more than 76% short on this pair. that is the main reason for the banks to buy this pair.
CHFJPY has potential to go down for 160 pips!Head & Shoulders pattern looks real and currently we are seeing price managed to break the trendline support, momentum bearish candle formed from previous daily candle closed indicate that price might continue to go lower
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
chfjpy broke the channel.CHFJPY broke today the ascending channel, tested at the 60 min chart. if the daily candle closes like this, we can expect some more downside movement and see the levels 1.10 insight. With the coronavirus in mind, it can push the nikkei225 up and push down the JPY pairs.
CHFJPY - Short Timeshould be waiting for the invalidation level to get a sell position.
Let see what happens!
Cheers! ;)
CHFJPY is in bearish ModeAs we can see that CHFJPY has rejected it's resistance line from above side and also made bearish engulf candle, which indicate us of strong bearish mode.
CHFJPY: Countertrend Sell based on RSI Divergence and Resistance112.60 zone has offered some resistance in the recent days.
In addition to this, there is also some bearish divergence in the RSI.
If this zone continues to offer resistance, we can execute low-risk sell trades at 112.68-112.85.
TP can be set at 112.10 and 111.70. Stop Losses can be placed above 113
CHFJPY roadmap on dailyNote : I see an interesting potential setup on the CHFJPY pair, we will wait for how prices react at these daily key support levels ;)
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
