Get started

Chfjpylong

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 . If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis . 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.
Long
by GetSet
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 Wanna see more? Don`t forget to follow me
Long
by Trading2ez
5
CHFJPY long trade ideaPlan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
CHFJPY Still BULLISH...Possible Rejection From Here!!!We managed to see a nice 261.8 fib level rejection followed by a BEARISH movement back to 161.8% fib level. Also, price level is currently near my moving averages which I expect a possible rejection here. Looking at the chart, we can see great BULLISH pressure holding CHFJPY for now. It have yet to breakout of the BULLISH climb momentum. Having said that, I expect movement to minimally test the 261.8% level once again with a potential breakout bringing price to the next fib level. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Long
by YGForex
4