CHF/JPY Long Idea. HERE IS WHYHello Traders
It seems CHF/JPY has potential to move higher.
Here is why:
1- upward trendline in RSI.
2- Price is moving inside of big ascending channel.
3- Price has broken correction channel(small channel).
4- Price has broken a bullish pennant pattern.
But before that price and RSI need some corrections.
If price breaks and stays below 141.00, then our view gets invalidated.
If you like it then Support us by Like, Follow and Share.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and does not include financial recommendation. Trading is Risky, so before any action do your own research.)
Chfjpylong
CHFJPY Next Possible MoveCHF / JPY ( Swiss France / U.S Dollar ) Technical Analysis Chart Update
Time Frame - H4
According to #Daily Time Frame #DTF its in #Leading Diagonal Pattern and almost Reached the Upper Trend Line #UTL its possible it can follow some Bullish Moves according to this
If we look in Short Time Frame #STF we have Rising Wedge Pattern and it has #Breakout and #Retested it has Follow Sell Trend According to Patterns and Level
Week 7 assignment (EXHIBIT F) for CHFJPY by PROSHERIFFBULLISH ABCD PATTERN
1. Strong up trend can be expected.
2. A rejection can be seen at point D.
3. Bullish Candles have started to appear after the conformation of the pattern.
4. A tight TP is set with a take profit level of 139.280.
5. A stop loss level of 103.521 is set.
6. RR ration of 1:3 is taken for this trade.
CHFJPY SELL SWING TERADEHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The way I told you, you have to trade like this and you will have more profit always and you will not be a loss.
1. Daily Share Analysis Chart
2. Technical Knowledge
3. Fundamental Knowledge
4. Trading Signal
if you want to join my team come to inbox
CHFJPY sell limit @ 142.65
TP : 139.75
TP : 135.90
SL : 143.87
Want to succeed in Forex?
Use proper Money Management
CHFJPYThe Japanese is still undoubtable the weakest currency across major pairs. The Bias towards this trade is based on the Dollar. I think the USD has peaked and it will either consolidate or Down creating a Risk off environment strong enough for Equities also Technical analysis confirms this. Considering the correlation between the CHF and USD this is where this trade Idea comes in USDJPY was a strong momentum trade for a couple of months and that shift of momentum is likely to shit to this environment based on ((CHF))
MONDAY OVERVIEW - Long Term and Intraday Setups on INDEX and FXHi Traders,
This is my view for this week on:
- SPX500
- NAS100
- SILVER
- CHFJPY
- EURUSD
- GBPUSD
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
———————————
CHFJPY Set UpPrice retraced to .50 on fib and fell to support. Not that a clear LH has been created, I can confirm downtrend and now we wait for the price to break below support. A retest if the price breaks below support will be another lower high and possibly be the 3rd touch of the trend-line. Let's see what happens.