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Chfjpylong

CHF/JPY could RISE!Hey tradomaniacs, CHF/JPY with the second attempt to break above the key-resistance-zone 👉 It looks like this is a valid breakout with a continuation very soon! Comparing both moves above the resistance you can see that the price has found demand and flipped the previous upper trendline into a support. Volume, volatility and momentum has been very bullish so far as. 1️⃣ Volatility Has been low with the breakout compared to the false breakout in the past. A high ATR-Value and so volatility is often a sign of stop-loss-fishing. 2️⃣ Volume In scenario one the volume was not chasing the price to the upside showing refusal of higher prices. Additionally, open interest was very weak at the breakout-zone. Now we can clearly see that the market accepts higher prices and follows the current momentum. I`m watching this pair and look for a long-entry as soon as price breaks the above the previous highs as a potential double-top is still possible. 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
6
CHF/JPY Looking To Breakout Above Big Monthly ResistanceThis is at a big monthly resistance level, it has rejected this level a number of times but I think it is likely to breakout above this soon as the price has been more stable than its previous attempts which were big spikes to this price. Price action is currently bullish as seen on MACD and EMA's, I want to see the breakout confirmed and then the support created before entering a long. After this a target of 121.950 can be set with SL below the support.
Long
by olly48
CHFJPY - SWING - 09. FEBR. 2021Welcome to our weekly trade setup ( CHFJPY )! - 1 HOUR Bearish price action after closing within the range. 4 HOUR Overall sideways market structure.. DAILY Expecting more upside pressure and a push to previous highs. - FOREX SWING BUY CHFJPY ENTRY LEVEL @ 117.030 SL @ 116.650 TP @ 117.550 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
37
CHF/JPY could PUMP soon!Hey tradomaniacs, after a long consoliidation we finally see an attempt to break out of the consolidation and key-resistance in order to continue the trend. A daily candle-close will be very important for the market as a confirmation for a breakout. If we get a clean and nice rejection at the resistance we should give it a try and go long with a very awesome risk-reward. 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 valid. Morning traders Overnight our scrip has presented a valid long trade on CHFJPY. We are working the one hour time frame here and the trade is already in motion. Got on this trade when I woke up this morning to an alert on TradingView. With our scrip I simply enter the trade that has been presented on screen, using all the data provided at the side of the valid trade. I am working to take profit target 3 on this trade. But if you was following this trade you could follow the trade how you please. I don't recommend jumping on random TradingView trades as this is no defined clear trading strategy and you wont have a clear edge. My edge for trading this pair comes from the built in Strategy tester. All the data can be found at the foot of this idea. The data is based on 1% risk per trade working to the take profit target I spoke about earlier. For any more information on the way we trade please drop me a message.
Long
by RichScott