Chfjpylong
CHFJPY - Bullish price action ✅Hello traders!
‼️ This is my analysis on CHFJPY .
Here we are bullish from daily perspective, so I am looking for longs. I expect continuation of bullish price action after price took out all sell side liquidity.
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CHFJPY LONGPrice is in a up trend on multiple time frames. This added with a counter trendline breakout in the direction of the bigger picture trend singles a move to the upside.
Clean charts are the best. No need to overcrowd the screen with indicators to the point where you cannot see what's going on on the chart. Keep this simple guys and never
trade against the trend. Risk management of between 1- 2% is the holly grail.
CHFJPY Buy/Long1: Trendline Breakout
2: Symmetrical Triangle Pattern Breakout
When looking at the larger time frames, we can see that CHFJPY is bullish . We have also seen the market pull back which signalled a chance to enter in the direction of the bigger picture trend.
We have listed 2 reasons as to why we will be looking to buy the pair. The trendline breakout on the daily chart signals shows the pair might have gained interest of buyers. The symmetrical triangle
pattern breakout further adds to our narrative of a continuation to the upside.
chfjpyHello everyone! My CHFJPY point of view.
We are in a strong bullish trend which is still valid pointing up.
In the recent past, the price has formed incremental retests of Higher Highs and Higher Lows.
Our eyes at Balance of Trade and Inflation Data of Japan, which in case they come to public worse than expected, they are going to rocket to the highs of 151 this pair.
Manipulation is going to get high with Long Wicks at the bottom I think so be cautious with SL levels.
Long Wicks whow wickness and rejections - Orderblocks, but at the same time they do show instant momentum, phsychology of masses and investors and they leave liquidity behind which must be tested soon or later.
Good Luck!
CHFJPY Ready to rocket Been forming a Falling Pennant in the last month...
This is a small triangular formation less than 3 months (hence it's a Pennant rather than a Wedge).
Once price breaks above, we can have a strong buy signal to hold until the first target.
Also the RSI is making higher lows and is currently above the 50 mark (bullish).
CONCERNS:
We just need to wait for the breakout...
CHFJPY - Long from support ✅Hello traders!
⁉️This is my analysis on CHFJPY.
Here we are in a bullish market structure, so I am looking only for longs. I expect price to continue the retracement and to reject from support zone + institutional big figure 142.000.
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CHFJPY | BEARISH TREND?CHFJPY had been trading in a bullish parallel channel. The price just recently broke the support of the channel indicating the start of a bearish trend.
We are expecting the price to go further down from here and a sell-on strength strategy should be adopeted.
Trade your levels accordingly.
CHFJPY is in buy zone!!CHFJPY (4h) has formed a strong bullish price action. there has been double Doji with a wickless bullish engulfer. As the long-term trend is bullish, the price currently tests this important liquidity zone as support and getting rejected. A buy trade is highly probable.
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Looking To SELL CHFJPY Above 146 (Only If This Signal Occurs)We have to go all the way back to 1980 to see the last time the CHFJPY was at current leveks which is pretty insane as have all yen cross pair moves this Year and picking tops is very risky hence waiting for the correct signal is important.
Looking at the monthly charts we are now in a SUPPLY area from 1980 on daily charts we have broke out off a congested period to new highs and likely to push up above 146 towards 147 which is were i will be waiting for a SELL signal on my custom price action indicator on Daily or Weekly chart when the signal occurs I will place STOP above 151 and will target the 134 area.
The indicator when inside keys areas give very high probability signals so I will wait for a Daily or Weekly signal the higher the timeframe the signal the better
CHF/JPY Broke Very Important Res , Long After Retest ?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 (Consolidation Broke)Long Call! OANDA:CHFJPY
Hello Traders!
CHF/JPY has been sideways for some days, and now it has broken it from the upper side!
RISK REWARD:
Close half of the lot with RR=1:1, move SL to breakeven, and then wait for the remaining lot to hit target 2!
Best of Luck!
Your feedback would be appreciated!