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Chfjpysetup

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.
by Wevesting
CHFJPY BIG SHORT INCOMING?!ENG - Price reaching our FIB reversal area, having the ex-supportive trendline as an extra resistance, we are expecting a reversal from this area, however, if we get a break we will be looking for an entry at our HH. PT - Preço a alcançar a nossa zona do FIB à qual achamos promissora para um reversal, tendo também a nossa ex-supportive trendline a ajudar como uma resistencia extra, estamos à espera de um reversal nesta area mas em caso de quebra, iríamos procurar nova entrada no HH atual.
by Wevesting
CHFJPY, 4-hour timeframe, double top patternBased on the 4hr chart we could see there is a potential double top pattern on this pair. Previously this pair moving up inside a neat uptrend channel. During the last 3 trading days starting from thursday, friday, and monday, price managed to move below the channel and probably gonna make a lower high. Currently price hovering around 114.30-114.35 area which is the 78.6 fibonacci retracement from the recent drop Sell CHFJPY 114.30-35 Stop loss 114.80 Take profit 1 @113.35 Take profit 2 @112.20 good luck
Short
by HayatoDragonFX