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Chfjpyforecast

#CHFJPYIn a floor above the range of 137.512 A: We are building a floor in the form of a triangle pattern in the range of 139.543 to 142.344. Now we are exactly on a static resistance area of 142.438. It is expected that by breaking it, we will experience a growth of up to 50% of the triangle pattern up to 143.859 area, which will be exactly on the static resistance area of X. If the X area is broken, we can expect growth up to the next resistance in the area of 144.772 and after that we have the completion of the expected harmonic pattern in the area of 145.716. At each step of the steps, you can decide on the continuation of the process and the amount of correction. But in general, the goal is to complete the pattern in the area of 145.716.
by maryammh
CHFJPY long 6hHello, my dear friends and fellow traders. What we are going to look at today is the CHF/JPY currency pair. Well, this stock has a bearish trend in the higher time frame, and it is currently trading in a sharp decline. But it has reached a support level in the sharp decline and is unable to break it. So, the price of this pair is showing a slight uptick. At this situation it is a good idea to take a long position in this space and expect a profit ratio of 1:3. Currently the buyers are more likely to jump into this currency pair. It is wise to follow your risk management before taking entry. I love to share my ideas. Feel free to revise the text and provide feedback. It makes it so personal and improve us in better ways. Thanks & regards, Alpha Trading Station FOREXCOM:CHFJPY Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
Long
by AlphaTradingStation
20 reasons for Sell CHFJPY 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: 1979 to 2023, about 40 years double top 2 📆Monthly: A clean uptrend but now in the corrective mood 3 📅Weekly: structurally market is in downtrend 4 🕛Daily: a clean downtrend toward monthly retracement targets 😇7 Dimension analysis 🟢 analysis time frame: daily 5: 1 Price Structure: bear 6: 2 Pattern Candle Chart: flag 7: 3 Volume: biggest bearish volume 8: 4 Momentum UNCONVENTIONAL Rsi: Sideways 9: 5 Volatility measure Bollinger bands: middle band retracement 10: 6 Strength ADX: bears are in strength 11: 7 Sentiment ROC: joy is in strength ✔️ Entry Time Frame: H4 12: Entry TF Structure: bear 13: entry move: waiting impulse 14: Support resistance base: imbalance area 15: FIB: trigger event fill occurred ☑️ final comments: sell 16: 💡decision: sell pending order 17: 🚀Entry: 142.490 18: ✋Stop losel: 144.970 19: 🎯Take profit: 134,570 20: 😊Risk to reward Ratio: 1:4 🕛 Excepted Duration: 10 days
Short
by Optimum369