CHFJPY potential bounce!
CHFJPY expected to reverse up to 1st support at 112.128 where it could potentially react and bounce to its resistance at 1st resistance at 113.018.
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Chfjpylong
CHFJPY ESPERAR COMPRAS BUYCHFJPY En diario tiene una div alcista por conteo de ondas esta haciendo onda 4 , en temporalidades menores como h4 esperamos en esos puntos de confluencia de fibo encontrar una div en h4 y h1 para entrar en compra para irnos por la onda 5 en temporalidad Diaria. Es un trade largo con dos puntos de entrada donde entre cada uno hay 100 pips de diferencia. Recomendación: Buena gestion de riesgo y seguimiento al par, cuando llegue a las zonas indicadas. 3 tps.
Possible trend shift in CHFJPY – going shortThe Tidal Shift Strategy has just sold CHFJPY at 112.261. The system recommends entering this trade at any price between 112.16 and 112.362. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -3.192, which suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.081, so the stop loss has been set at 112.665. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 70553
Time Issued: Monday, 10 February 2020 19:01:17 GMT
Status: open
Entry: 112.16 - 112.362
Limit: N/A
Stop Loss: 112.665
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Past Performance is not an indicator of future results.
Long term Ascending Trndline. Basic setup but on my watchlistThe green trendline is a long term trendline which has formed over multiple weeks.
I will await for the MACD to cut for longs and the short terms EMA's to cross for long aswell.
Currently I will be monitoring the 4hr and daily candle closes for any information showing seller exhaustion.
Trade safe.
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CHFJPY buy on H1Plan : wait for price to bounce off from horizontal / trendline support --> 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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
CHFJPY long trade update on H1Plan : wait for price to bounce off horizontal support --> 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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
CHFJPY trade idea on H1Plan : trendline breakout --> wait for prices to bounce off horizontal support --> 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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX