Chfjpylong
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.
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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
Brief analysis of CHFJPY's future trendsCHFJPY will continue to fall in the short term, with a target of 111.40-110.50. Buying is possible in this range. The rising target of 116.80-118.60 may rise to 124.50. This target is currently uncertain whether it can be reached. Follow-up proofreading will be required later.
BUY CHFJPY ENTER:110.80 (110.50-111.40) SL:109.50 TP1:116.80 TP2:118.60 TP3:124.50(Alternative target)
CHF/JPY: Follow the trend and where you can BUY!Hey tradomaniacs,
waiting for CHF/JPY to retest an area of high bullish confluence to follow the trend before I buy.
This might be a great opportunity to get a low price right at the trendchannel and horizontal support-zone.
Type: Swingtrade
Market Buy: 111,850
Stop-Loss: 110,895
Target 1: 113,045
Target 2: 113,530
Target 3: 114,320
Stop-Loss: 95.5 pips
Risk: 1.2%
Risk-Reward: 2,65
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Peace and good trades
Irasor
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UF: Plan for Risk-on this Week 00:11:39 (UTC) Tue Jan 14, 2020This will play directly with our trades this week. Risk-on will take this currency which I've already called over 170 pips of price action in just under a week, another 90 pips north. If price approaches this upside extension, it would be running into significant resistance on the longer term timeframes which is also being taken into account with the entry for this setup this week.
Send me a private message for my entries
00:11:39 (UTC)
Tue Jan 14, 2020
Buyin CHFJPYFrom a technical and trading perspective, CHFJPY has tested symmetry swing support sited at 110.95 this area attracted significant buying interest, resulting in a key outside reversal candle being printed as of last night's New York close. This pattern encourages a bullish posture, as price pierces 112 in a sustained fashion bulls will look to challenge offers and stops above 112.55, a close above this level would further support the bullish thesis creating an equidistant swing objective sited at 114.40
CHFJPY UPDATE: Looking for Buy Opportunity CHFJPY dipped lower and resume higher yesterday but correction might not be completed yet.
From the look of things, the correction might be unfolding as an expanded flat pattern. I will wait for the price to deep lower to the blue zone for a potential entry.
The invalidation level on the chart is critical for buyers, so my stop loss will be there if I secure an entry!
Best,
Vee.
CHFJPY buy on H5, forecast update !!Plan : wait for prices to bounce off 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 ELLIOT WAVE PATTERN FAVORS THE BULLS!I've already explained a lot with the description on the chart!
I will be looking for a pullback to the structural level to position for a long trade in one of the biggest impulse wave, wave iii of (iii).
I will be keeping eyes on it and GJ or EJ for a possible long trade!
What's your thought about CHFJPY? Kindly let me know in the comment!
Best of luck on the charts,
Veejahbee!
CHFJPY forecast on dailyNote : CHFJPY is at an important resistance level now --> wait for breakout ;)
**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 Might continue to RangeAs per the Chart
Abbreviations;
ND=No demand
NS= No supply
DW= Demand Wave
RFSB= Resistance from Supply Bar
SFDB support from Demand Bar
SLK= Stop Loss killer
SLKB= Stop Loss Killer Bottom
DB= Demand Bar
SB= Supply Bar
EVRB= effort vs Result Bottom
My Mentors and Inspiration
Volume Analysis - Oleg Alexandrov
Money and risk Management - Dmitriy Lavrov
UF: Daily update (+100 pips in 24 hrs)See originally linked bias, chart description and predicted price action to the downside by a profit of +100 pips in less than 2 trading days thanks to the current risk-off environmental sentiment from the equity markets around the world. This can be directly attributed to both options data taken from bloomberg, looking at auction pricing for The next round of t-bills, and the over state of the political relationship between the United States of America and China.
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