Chfjpylong
CHFJPY BUY!!CHFJPY has been trading inside the given parallel channel since the start of 2020. a rather slow moving pair , but as of now i expect it to go up until the upper resistance of 127.8 in the near future ! to further strengthen the idea, currently a bat harmonic pattern can be observed on 1 hour time frame . As of now , my targets 1 and 2 are 127.05 and 127.8 respectively !
CHFJPY, which Safe Haven currency will be stronger?Hi Traders,
With the on going situation happening between Russia and Ukraine, investors seem to be turning to safe haven currencies as tensions escalate. Looking at the current price action, we can still see many bearish developments with indication more downside is possible. We may get another touch at the top of the ascending channel that price is currently moving within, however we may start to drop as JPY seems to be gaining momentum as this past week closed off.
Be patient and follow your trading plan, don't get trapped in the corrective phase.
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Trade safe!
CHFJPY | Range breaks buyCHFJPY has been in a range since the start of January ealier this year, the pair has given a breakout from the range and is trading above it.
One can build long position in it.
Alternatively, breaking below the range will call back bears in the party.
Trade your levels accordingly.
CHFJPY | Testing ResistanceCHFJPY is approaching to important resistance area. Will it break this time?
It failed to break since 18th January early this year and price are constantly testing it. Only if it manages to break then one can enter long in here otherwise rejection candle will be enough to open short position.
Trade your levels accordingly.
CHFJPY developing H&S, looking for a SELLHI Traders,
CHFJPY has been moving within a HTF channel which price had a Reversal Impulse off the top boundary creating a right shoulder correction to give us more bearish price action.
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CHFJPY | Uptrend Continue?
CHFJPY is trading in strong bullish trend, making higher highs and higher lows. The current price is standing at good support levels. We are expecting bulls will once again push the price to atleast 125.500
To negate view, the bears should takeout the rising trendline and price will falls sharply.
Trade your levels accordingly.
CHFJPY BULL'S ARE IN CONTROLL! {10/02/2022}Educational Analysis says CHFJPY may go LONG. According to my technical.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why long?
On 4HR AND 1HR timeframe pair is making HIGHER HIGH AND HIGHER LOWS.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS
HOW TO TAKE ENTRY ON THIS?
On 15 min timeframe, pair broke the small trendline and price push towards also pair is making higher high and higher lows, confirmation also broken the previous resistance.
ENTRY :- 125.162
STOP LOSS:- 124.890
TAKE PROFIT :- 125.590
Make x2 with CHFJPY!!!Amazing set up for a clearly swing transaction,if we zoom out on the daily timeframe we can see how price has been forming bullish impulses and creating corrections on previous structures, so here we can see how a flag pattern has been broken and a new HH has been created after breaking the inner structure in the 1h timeframe
CHFJPY | New UpdateCHFJPY as per our call tested the support and has given breakout from the falling trendline.
We are expecting bulls to be active and push the price to new highs.
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