CHFJPY ShortAfter a 3-wave correction towards 61.8% fibonacci level, ChfJpy looks set to drop. Albeit, it's on the 200ema on m15; a break and retest of the ema should give further confidence in the drop
Chfjpyshort
CHFJPY Threatens To Break Below The 116.315 Daily SupportSee Signposts for key price action details.
An additional note, I'll be giving this pair some breathing room before committing to a trade. The weekend open is always a bit unpredictable.
CHFJPYHello Guys Welcome back to another profit week
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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.
CHFJPY moving in support area, if not break the support area there will be a perfect buy entry, Let watch together
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit week guys
CHFJPY Video analysis 07-03-2021CHFJPY
Was trading within a range only the range was around 300 pips from 116.00 to 119.00.
From 116.500 it went bullish up to 119.00 and reached 2021 yearly high and started falling towards yearly low levels. CHFJPY will fall towards 114.00
Sell @ 116.500
Take profit @ 115.100
Stop lose @ 116.850
CHFJPY ShortThis is a bit of a risky trade I am taking as price has boucned at this support line several times in recent months, but the risk:reward is there. Entering short at 116.37 on an inverted cup and handle. Setting stop above the handle at 116.88, and setting the limit down at 114.88. The height of the cup is about 150 pips, so that's where I will be aiming. Will likely take half profit around 75 pips, depending on price action.
As always, this is my personal trade I am taking, and in no way am offering financial advice.
CHF/JPY New 2 Setups To Cath More Than 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CHFJPY ShortShort term bearish run looks set to resume once price breaks below the trendline. Bullish momentum is gradually fading.
Hi Traders Possible Reversal On CHF/JPYHi Traders
CHF/JPY (Daily Timeframe)
A high probability, entry to go SHORT is forming @ 116.154 after the market found resistance @ 117.772. Only the upward break of 117.772 would cancel this bearish scenario.
Trade details:
Entry: 116.154
Stop loss: 117.772
Take profit 1: 115.199
Take profit 2: 113.581
Take profit 3: 110.944
Score: 6
Strategy: Bearish Trend Reversal
CHF/JPY SELLCHF/JPY has been in a ranging market structure since last December , failing to breakout if this market structure.
I expect the pair to fail in breaking above the key resistance area and sell until it reaches the important yellow support area .
Therefore continuing with the ranging market structure .
Adding on to the confluence , I see a potential double top forming near the key resistance area which indicates the reversal (sell) in the price .
This is shown by the Orange path drawn
📢CHF/JPY Potential short Hey traders 👨💻
Looking at this pair we have had a H&S that has retraced back to the neck line and failed to go any higher. I now assume it will come back to retest the trendline and support around the 116.250 area. We must first clear the structure beneath it first. Adding this to my watchlist 👀
CHFJPY - Shift of Momentum (Short)Hi Traders
I am currently watching CHFJPY as it is providing a very interesting price action setup.
With the recent rejection of the structure level the momentum has shifted to bearish.
I am expecting a continuation to the downside.
An entry scenario requires a clear push below the current support level. I will place my sell limit at that very level, expecting a re-test. My trading plan requires a minimum 1:2 RR.
Once the price hits 1R (dashed line) the stop loss will be moved to break-even.
Let me know what you think in the comments below. Good luck!
CHF/JPY Rejection From ResistanceThis has had a big rejection from the resistance level and has continued down to support where it has finally slowed. I expect this to be a brief correction before continuing downwards.
For an entry to a short I want to see this break the support and then retest it as resistance. Then a short can be taken with a target at the next support of 113.819
CHF/JPY Broken trendline heading lower Hey traders 👨💻
Update on this pair. It's broken the up trendline. We also have a H&S pattern. Hoping to see a correction to at least the 0.382 Fib before going short.
