CHFJPY series of HH LL LH LL pattern is formingCHFJPY
The trend line was broken on September 11 which is holding since may 14. Series of HH LL LH LL patter is forming in H4 timeframe
After reaching the august high around 117.911 which is low volume and key psychological level this pair felled towards 115.00 level. The price is currently trading below the 38.2% Fibonacci retracement level
Next swing target would be 114.000 which is also a low volume and key psychological level
Chfjpyshort
CHFJPY signal (SHORT)Hello friends.
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Everything on the chart.
open pos: buy on correction or on breaking white line
targets: 115.7 - 115.45 - 115.1
after first target reached move ur stop to breakeven
stop: ~116.8 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2.25
Good luck
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Possible trend shift in CHFJPY – going longThe Tidal Shift Strategy has just bought CHFJPY at 116.873. The system recommends entering this trade at any price between 116.711 and 117.035. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -4.441, which suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.13, so the stop loss has been set at 116.226. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 73281
Time Issued: Thursday, 10 September 2020 17:00:17 GMT
Status: open
Entry: 116.711 - 117.035
Limit: N/A
Stop Loss: 116.225
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CHFJPY - sell biasedHi all traders,
For CHFJPY , we can see that it has broken the trend line, im looking for more sell biased this pair.
Any buy will only happen if it break higher. But for now, i will only be sell biased for this pair till we see a momentum change.
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CHFJPY Bearish Movement...Down To The Support!!!As mention in my last CHFJPY analysis, 1.618 fib level and the resistance level form a rather strong resistance zone and we can clearly see a rejection followed by a bearish movement. Multiple rejection off this level has been seen and no clear breakout as of now. I will see this pair moving to the support level minimally. We could even see a low BULLISH strength if we see a breakthrough of the support level @114.35. Watch the price closely as if a rejection off the support level to the upside could mean that CHFJPY is fighting for the upward movement and multiple retest could weaken the resistance level @118. As of now, I am bearish for this pair till the support level where i will observe closely for potential movement.
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CHF/JPY SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: ALL TRADES today especially major-pairs are very risky ahead the ADP-Figures!
CHF/JPY: Daytrade-Execution
Market-Sell-Order: 116,740
Stop-Loss: 116,900
Target 1: 116,600
Target 2: 116,470
Target 3: 116,340
Stop-Loss: 16 pips
Risk: 0,5% - 1%
Risk-Reward: 2,48
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
CHF/JPY SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we need to wait for a confirmation!
CHF/JPY: Daytrade-Preparation
Note: Aggressive management as market is still choppy!
Sell-Limit: 117,330
Stop-Loss: 117,710
Target 1: 117,015
Target 2: 116,780
Target 3: 116,470
Stop-Loss: 38 pips
Risk: 0,5% - 1%
Risk-Reward: 2,31
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)