Chfjpylong
CHF/JPY +50 Pips , Congratulations To Who Entered With Me 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 Hit Tp1 +45 Pips !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 New Entry 1:4 Risk RewardThis 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
CHFJPY Moving Back to Test 261.8% Fibonacci Level!!!Looking at CHFJPY, we can see great confusion on recent candles. However, we see a failure to break 117.62 resistance level. Using candlestick pattern, we will like to see a higher or equal level close today to confirm our position. However, I am leaning towards seeing a equal or higher price close from previous day opening price. If so, I will be expecting price level to break out 117.62. Thus, today's candle seems more of a candle where BULLISH strength is building instead of a change in direction for this pair.
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Waiting for a buy on CHFJPYThough price hasn't gotten into my level, might probably miss this trade because markets already showing a bullish signal but I can't enter the trade until it meets my criterias.
But if you can withstand huge drawdowns or you want to confirm my analysis with yours, I'd drop my confluence below.
*Market is in an Uptrend.
*Falling wedge(Bullish signal).
*Rested of the breakout(healthy chart pattern).
And the last confluence would be the entry reason.
Feel free to criticize my analysis, we are all learners.
'Do not blindly buy CHFJPY based on my confluences and do not enter the trade if my analysis is against yours.'
CHFJPY Long with 3 confluences (Zero Indicators)Confluences:
1. Daily chart double bottom
2. Daily chart trendline breakout
3. Price trending bullish on daily chart as price created a new high.
Entry: Middle of the week would be the ideal time to enter this trade after the breakout and correction takes place. We will be looking to enter on the continuation to the upside. This is a nice short term trade with a duration 4-5 days holding period
CHF/JPY +70 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 - Range opportunityOn the daily chart , the market reached the historical resistance zone and was unable to break through.
After the rejection, the market reached a support zone and then got stuck in a range.
In the range, we can see the formation of a double bottom with the possibility of an upward movement to retest the historical resistance area .
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Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
CHF/JPY New Buy Trade With Great R:R 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 could PUMP NOW!Hey tradomaniacs,
The market is really choppy looking at equities. It looks like the tec-hype is currently over as we see a suffering Nasdaq, while indicies with a worse performance last year are rising (DAX30).
This is causing a mixed cashflow and so a little bit of chaotic forex-market, which is testing our patience.
I`m currently looking for CHF-Trades as there is still much uncertainy in the market which is likely to look for safe havens such as Bonds, JPY and CHF.
Since YIELDS continue to rise, a BOND-DEAL is still very risky as new distributed bonds are providing more profits with rising yields, which is by the way why we have this inverted correlation.
JPY and GOLD/SILVER are bad alternatives to bond as there are suffering due to the rising yields. A good alternative would be CHF and I expect it to move up soon if uncertainy continues.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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