Chfjpyshort
Break of Structure in the Making CHFJPYLook at this setup with the EMA in relation, Lower lows. Breakout occuring soon
CHFJPY - Bearish BiasCHF - BEARISH
1️⃣ COVID-19 vaccine optimism weighed on the safe-haven CHF.
JPY - BULLISH
1️⃣ Upbeat data in Japanese Industrial Production and Retail Sales for October support the JPY.
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Technical
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We are looking to sell the CHFJPY at the resistance of 115.300 on the H1 chart.
CHFJPY, 4hr tf, sell on breakout of triangle patternHello my friends,
Today is friday and we are going to trade lightly today.
I found a good setup on CHFJPY pairs.
This pair recently broken below the support of a triangle pattern which has formed since September till November.
Yesterday it finally close below it and i think today is a retest of this broken support.
We could expect downside to next support at 113.15
Sell CHFJPY 104.05
Stop loss 104.35
Take profit 103.20 (2.8R)
RR ratio 1 : 2.8
Use only 1-2% risk
Good luck
CHFJPY - Day trade by Keltner Channel 16/11/2020Max risk: 2%.
Maximum history bars/Premium account.
Commission: 4usd/trade.
Slippage: 2 ticks.
CHF/JPY SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. as always we will have to wait fora confirmation!
CHF/JPY: DaySwingtrade-preparation
Market-Sell: 115,240
Stop-Loss: 115,690
Target 1: 114,730
Target 2: 114,380
Target 3: 113,830
Stop-Loss: 45 pips
Risk: 0,5% -1%
Risk-Reward: 3,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
CHFJPY, daily tf, sell trend line retestHello my friends,
For today i am gonna trade JPY crosses pairs, as the US election could trigger risk-off sentiment.
It looks like we could see it goes wild with current development.
To keep it simple, we will only focus on the price action.
Price already broken below the ascending trend line and now retesting it.
I've marked the horizontal support and resistance as well.
This 114.60 area is an area of confluences as there is horizontal and EMA resistances.
You could clearly see some selling pressure here as the last candle stick looks like a bearish pinbar candle.
Sell CHFJPY 114.60
Stop loss 115.10
Take profit 113.25
RR ratio 1 : 2.5 (2.5R)
Use only 1-2% risk
Good luck
CHFJPY Short time sell Long time buyas we can guys, currently price at the correction phase and going to form descending channel, if price keep going down it will form a double bottom the probability for buy will be higher.
CHF/JPY Wave Analysis
After completing a 5-wave bull cycle, the counter is currently in an ABC correction phase.
It is now at a strong price action support zone and at the final stage of wave A.
Hence, we expect the pair to be bullish in the near-term.
CHFJPY going downLooking for a sell for CHFJPY if it touches the resistance area. will wait for confirmation.
NOTE: Not a recommendation. Just an opinion.
CHFJPY SWING TRADE WITH PROPER TP & SLCHFJPY
^ Trend-Neutral
^ Tendency- Bearish
^ Upward pressure
^ Key psychological resistance
^ Fundamental supports for CHF
^ Technical supports for JPY
SWING TRADE-CHFJPY
SELL ENTRY
Entry level @ 114.000
Take profit @ 112.100
Stop lose @ 114.510
190 Pips target
💌 Leave your valuable comments and suggestions related to this idea in the comment section.
Thanks for your time. Good day guys 💝
CHFJPYPar aguentou-se na resistência, pelo que a ideia é vir testar o suporte em baixo. 13 pips stop
CHFJPY: Quick Move to the Resistance...Possible Rejection!!!Looking at CHFJPY, we can definitely see a strong BULLISH movement for this few days. However, currently what we are seeing is price moving towards a resistance level where I believe a rejection is definitely possible. This lies down to Wednesday or Thursday 's candle where we should be looking out for a clean rejection from here to confirm our BEARISH position.
So why am I seeing a potential rejection from here?
Firstly, according to my support and resistance level I can see that BEARISH pressure is building up for this pair. We can see that several rejections do take place at this level if you were to look at price action of this pair. From a fibonacci point of view, we can see price moving towards 78.2 fib level where we can see a potential rejection from that level. Lastly, ichi cloud shows me an interesting short opportunity if a rejection was to happen here. Having said that, there is also potential possibility of a breakout but we shall not predict such movement rather adapting to it when it comes.
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