Chfjpylong
CHFJPY Sideway ? Long Short Position ? 16/7/2021
CHFJPY Previous Uptrend and Break below
Currently CHFJPY making Pattern and in sideway.
So we will look to Buy at SUpport and Sell at Resistance .
Entry 1 - 119.35
Entry 2 - 119.10
TP 1 - 119.700
TP 2 - 120.150
TP 3 - 120.600
TP 4 - 121.300
SL - 118.85
This is not Signal
Thank You
CHF/JPY Potential Upward Movement 🚀 Technical Analysis:
The price is trading inside a bullish flag which indicates that we are in a correction before an impulse to the upside. The pair is heading toward the area of confluence which is made by the 61.80% Fibonacci retracement and the strong support. This will lead to a move upward in the same direction of the main trend.
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Trade Idea:
Buy Limit Order @ 122.18
Take Profit @ 122.45
Stop Loss @ 122.08
Trade Safely 🙂
CHFJPY long trade idea Daily chart in a bullish trend
H4 chart - initiated bullish trend and had retraced to 50% fib level, rejecting from a previous level of resistance (H4 projection projection -27% fib level)
30m chart - Break of resistance creating a new high after a double bottom, was waiting for a retracement for to the 38.2%or 50% fib level, however started ranging between 0 and 23.6% and broke the resistance level, entering on the retest of this level as support to try and take at least to previous H4 resistance.
CHF/JPY Potential Upward Movement 🚀 Technical Analysis:
The price posted a head and shoulders near the lower end of the bullish flag. This led to a breakout to the upside. A lower correction might be seen before the rally upward in the same direction of the main trend.
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Trade Idea:
Buy Limit Order @ 121.93
Take Profit @ 122.34
Stop Loss @ 121.77
Trade Safely 🙂
CHF/JPY New Long Setup After 4H Candle Closure To Catch 120 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CHF/JPY Running In 100 Pips Profits , Did You Entered ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CHF/JPY Full Analysis And 2 Setups Available After Confirmation This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CHF/JPY BUY SIGNALHey tradomaniacs,
welcome to another trade-setup!
CHF/JPY: Daytrade-Execution
Market-Buy-Order: 121.025
Stop-Loss: 120.690
Point of risk-reduction: 121.390
Take-Profit: 122.230
Stop-Loss: 34 pips
Risk: 0,5% - 1%
Risk-Reward:3,50
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Peace and good trades
Irasor
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A clear Ascending Channel is Forming on CHF/JPYThe 4h chart of CHF/JPY is forming a great ascending channel.
It's not valid yet, but if price touches the bottom purple line for the second time, then it will be confirmed.
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