Chfjpysetup
CHF/JPY - 100 Pips + Long OpportunityIf the support keeps holding, then the next TP could be 100 pips+ higher.
This could definitely be a continuing pattern. For more confirmation I would suggest to wait 12 more hours.
Always invest after your own analysis and money manage properly!
Happy Trading!
CHF/JPY - 200 Pips + Long OpportunityCHF/JPY is currently in an important zone and a breakout to the upside would bring the currency pair higher up by about 200 pips and plus from my analysis.
Always trade after your own analysis and always risk manage properly.
Happy trading!
CHFJPY Short OpportunitySeems like bulls can't break through this resistance level and has made multiple tops as a result. The bullish momentum from which this came from has been made too intensely and the bulls seem exhausted (or some may already be taking profits at this level) as shown by the decreasing volume.
Several reversal candle signals are visible such as the Bearish Engulfing, Tweezer Tops, and on lower time frames, Dark Cloud Cover.
RSI is showing divergence as well. We wait either for a breakout of the trendlines or breakout of the neckline before entering trades.
Break-Out Buying for CHF/JPYThis pair is inside a short range and for me, the range is nothing but a "Bull Flag" on the Daily. Hope a massive bullish rally is waiting but for now we have a small bullish opportunity on this pair. I will wait for the price to break the pink tread-line (as shown in chart) to the upside to take a long position.
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CHF/JPY - 100 Pips OpportunityIt's possible CHF/JPY may extend it's gains by 100 more pips if it holds the support level.
As always, make your own analysis before investing as well as money manage properly.
Happy trading! FX_IDC:CHFJPY
CHFJPY 4H TECHNICAL ANALYSISWe see the price moving up to 113.
We will further elaborate the idea on lower time frame charts
CHFJPY shorterm positionThe market is trading just below a trend line (the centre of the channel) dating back to the 3rd of the month. Momentum has been holding below the .3899 level. A break of the .3899 on momentum and the centre line of the channel on the market price will open up a long position aiming for the 114.20 area.
long CHFJPY @ 1h @ trading capability for this 52nd week `16This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
long CHFJPY @ 60 min @ trading capability for this 51st week `16This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
CHFJPY BREAKOUT TRADEPRICE IS FINISHING THE CONSOLIDATION PERIOD. EXPECT A BREAKOUT.
ON THE CHART ATR LEVEL OF 1.4113 AND BEYOND THAT IS CONSIDERED AS HIGH VOLATILITY FOR THIS CURRENCY PAIR.
FOR BUY:
ENTER TRADE ABOVE 1.4113 VOLATILITY LEVEL; CONFIRMATION SHOULD BE A BREAK OF THE 106.326 FIB LEVEL.
FOR SELL:
ENTER TRADE ENTER TRADE ABOVE 1.4113 VOLATILITY LEVEL.
IN ORDER TO AVOID FALSE BREAKOUTS, ENTER TRADE AT 50 PIPS ABOVE OR BELOW THE PRICE LEVEL.
STOP LOSS 100 PIPS
CHFJPY: (4h rsi diversion + overbought + pattern ) = SHORT YOUR LIKE MATTERS : Give it a like if this has helped you in any way , follow for more ideas and daily updates.
check out my AUDUSD idea linked below, there is still a chance to enter.
NO EARLY ENTRIES, always watch for strong price action. It's better not to trade than loosing money.
