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Chfjpyshort

CHFJPY SWING TRADE 12-OCT-2020Good day friends. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday CHFJPY-Technical analysis ⚡️price is well below the 116.00 and key resistance level ⚡️Rising wedge formation is about to end which is a clear sign of Bearish trend ⚡️Swing target would be 114.400 ⚡️115.00 Area will act as barrier for bear ⚡️CHFPY has reached the upper side of the Bollinger bands SWING TRADE -CHFJPY Sell @ 115.850 Take profit @ 114.420 Stop lose @ 116.370 140 Pips target Don't risk more than 1% of your capital
Long
by forexorbit
CHFJPY Top-Down AnalysisHello Traders, Here is the Top-Down Analysis of CHFJPY (Monthly, Weekly, Daily for direction and 4H for entry) for Week 41 - 05 Oct M > Market reached monthly resistance and after rejection started downward move. W > Price dropped to complete W formation and continued further till demand zone before reversal. D > We saw an M formation and price moved up to test the neck and complete formation. We now expect price to drop and test weekly demand zone. As per COT CHF saw closure of Long and addition of few Short positions reducing net positions. SXY was very weak for the said week. SXY was strong last week. JPY had closure of both Long and Short reducing net positions, this made JXY weak for the said week. Whereas JXY slightly recovered its position last week. 4H > Price is making HH, we will have to wait for price reversal for Short entry. Pair Correlation > CHFJPY has positive correlation with EURJPY and negative correlation with USDCHF. This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section you can share your view and ask questions. Thank You AP17FX
Short
by AP17FX
3
CHFJPY signal (SHORT)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! 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 Follow me on TRADING View, if you don't want to miss my next analysis or signals. It's not financial advice. If i help you TO EARN SOME MONEY i will RLY VERYVERY appreciate for your donate. (I lost almost 100k$ about 1 year ago, that was all i worked on during 2.5 years -_- ) Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions(PM to me).
Short
by trytofeelpositive
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 Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here. Past Performance is not an indicator of future results.
Long
by FXCM
2