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Chfjpyshort

CHFJPY's Hello fellow risk-takers. The pair is still bearish in my books and extremely so! What is currently happening is retracement that is needed to propel price even further downwards. I expect this retracement to be deep and reach the shaded area of supply zone. The probability is quite high for price to touch this area of supply & demand imbalance and then nosedive again into a massive selloff. Happy Trading. ______ *This information is for entertainment purposes only and shouldn't be construed as investment advice.
Short
by UnknownUnicorn9837669
💡Don't miss the great sell opportunity in CHFJPYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (119.80). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHFJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 47. Take Profits: TP1= @ 119.56 TP2= @ 119. 01 TP3= @ 118.86 TP4= @ 118.61 TP5= @ 118.41 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
19
💡Don't miss the great sell opportunity in CHFJPYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (119.80). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHFJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 47. Take Profits: TP1= @ 119.56 TP2= @ 119. 01 TP3= @ 118.86 TP4= @ 118.61 TP5= @ 118.41 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
8
CHFJPY more room the upsideLast Week CHFJPY tested demand & rallied to the upside breaking the minor downtrend market structure. Currently market is in imbalance between 120.20 & 120.70. My bias for this market is bullish unless it makes a new lower low and breaks the current market stucture. From Daily timeframe CHFJPY seems bearish but last week it failed to make a new lower. So, hopefully with a bullish price action this pair can shoot up to the major supply area to fill out the void of the market before it falls down.
Short
by DontStopTrading
1