Chfjpysell
CHFJPY series of HH LL LH LL pattern is formingCHFJPY
The trend line was broken on September 11 which is holding since may 14. Series of HH LL LH LL patter is forming in H4 timeframe
After reaching the august high around 117.911 which is low volume and key psychological level this pair felled towards 115.00 level. The price is currently trading below the 38.2% Fibonacci retracement level
Next swing target would be 114.000 which is also a low volume and key psychological level
CHFJPY - sell biasedHi all traders,
For CHFJPY , we can see that it has broken the trend line, im looking for more sell biased this pair.
Any buy will only happen if it break higher. But for now, i will only be sell biased for this pair till we see a momentum change.
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**Disclaimer: All trade ideas are of my own personal view. It's not a financial advice. Thanks!**
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CHF/JPY SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: ALL TRADES today especially major-pairs are very risky ahead the ADP-Figures!
CHF/JPY: Daytrade-Execution
Market-Sell-Order: 116,740
Stop-Loss: 116,900
Target 1: 116,600
Target 2: 116,470
Target 3: 116,340
Stop-Loss: 16 pips
Risk: 0,5% - 1%
Risk-Reward: 2,48
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
CHF/JPY SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
CHF/JPY: Daytrade-Execution
Market-Sell: 116,355
Stop-Loss: 116,700
Target 1: 116,015
Target 2: 115,830
Target 3: 115,490
Stop-Loss: 34,5 pips
Risk: 0,5 % - 1%
Risk-Reward: 2,56
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
CHFJPY Weekly chart analysis, drop to 114 possibleIn my previous CHFJPY analysis 4 weeks ago( analysis link attached below), I told you that breaking 114.65 will take CHFJPY towards 118. As you can see CHFJPY reached 117.65 level which is very close to the 118 target I mentioned.
Now, you can see that 118 level is a strong resistance on the weekly chart. Chances are price will reverse and drop to the 114 level after failing to break this resistance.
CHFJPY Breakout possibility, 114.65 is the keyCHFJPY is creating Lower Lows(LLs) on each successive dip. So far, the resistance level of 114.65 is intact. However looking at the structure, the possibility of a breakout is increasing. Sellers must be careful here.
A breakout beyond the 114.65 level will be a strong buy signal with 118 as the target.
CHFJPY POSSIBLE SHORT**ENG**
- Price is now reaching our 4H resistance level, we are expecting a drop from this area to the 38,2% FIB zone, RSI is also on the verge of crossing to the overbought side, wait for a candle confirmation before entering.
**PT**
- Preço está de momento a atingir a nossa zona de resistência nas 4H, estamos à espera de uma queda nesta zona, fazendo um pullback até à zona dos 38,2% do FIB, o RSI também está bastante próximo de níveis sobrecomprados, aguardar por vela de confirmação antes de entrar.
Em caso de quebra, apenas entrar no retest.