Chfjpyidea
CHFJPY (Swiss/Japanese Yen) LongAs we can see in my chart, market has reached a support line as historically shown if you look left, we've touched this area many times and market has gone back up from here but be aware that market may decide it still wants a bit more down before going up. Enter and exit at your own risk.
DISCLAIMER
Please note that this chart is an opinion based chart only. Please trade at your own risk
BUY CHFJPY ON 3OMAnticipating shift in trend upwards as price action demonstrates a strong momentum swing up. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
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CHF/JPY - Day TradeCHF/JPY pullback short sell.
Obviously, this is a day trade and we might close it before it even reaches TP. Also, risk twice as less as you usually do.
This is shorting the long trend pullback which I don't normally do because the trend is bullish. But in short term/day trade, if you get a ppotential entry, then why not take it.
CHFJPY : Clearish Channel in HistoryCHFJPY Current structure displays a bullish channel. If/when the formation breaks, price will break out. Price is making higher highs and higher lows. Setting the SL below previous low, which will indicate a weakening trend. Otherwise, we ride it up to 115.120 level.
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- StampsFX
CHFJPY / TECHNICAL CHART - "WEDGE"Pair: CHFJPY
Trade : Long
Time Frame : 1 Hour
Strategy: Wedge
DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques,
you should do your own due diligence and not take this information as a trade signal.
CHF/JPY - 150 Pips OpportunityCHF/JPY is heading for a break of the 50 EMA on the 8H chart.
On the 1H chart, it has broken the 200 ema for the first time since it's bullish run.
As long as the 200 EMA on the 1H chart holds strong as resistence, we can expect CHF/JPY to drop 150 pips+.
*Give it 1-2 more hours for the confirmation of the move.
Trade safe.