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Chfjpysignal

CHFJPY | Perspective for the new week60pips against us since my last publication on this pair (see link below for reference purposes); Price finally touches Y117.500 zone just like it did in August 2020 to make a Double Top structure. This was met with rejection followed by Lower Lows in the latter part of last week trading session. Tendency: Downtrend ( Bearish ) Structure: Reversal pattern | Supply & Demand | Double Top Observation: i. Since July 2020, price action has been caught within a channel of Supply and Demand. ii. The appearance of a Reversal pattern since price hits Y117.500 has given rise to a risk of further decline in the coming week(s). iii. I shall be expecting a significant Breakdown of Key level @ Y116.400 (Neckline) for a signal this week. Trading plan: SELL confirmation with a minimum potential profit of 200 pips. Risk/Reward : 1:3 Potential Duration: 5 to 10 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
3
CHFJPY | PERSPECTIVE FOR THE NEW WEEKCHFJPY price made a strong bearish move rejecting a Key zone around Y116.000 to propose a possible ABCD pattern in the future. Tendency: Downtrend ( Bearish ) Structure: Retracement | Supply & Demand | Harmonic (AB = CD expectations) Observation: i. Inability of Price to break above Y117.500 in Aug & Sep 2020 has led to a Reversal pattern that points down. ii. ABCD pattern is sighted with parameters explained below; a. Impulse A-to-B will be in harmony with the potential C-to-D leg. b. The B- to-C leg is at 61.8% Fibonacci retracement of the A-to-B leg. c. The C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext. of the A-to-B move. Trading plan: SELL confirmation with a minimum potential profit of 350pips. Risk/Reward: 1:4 Potential Duration: 10 to 20 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
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
CHF/JPY SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a prearation for you! As always we have to wait for a confirmation! CHF/JPY: Daytrade-Preparation Market-Sell: 117,075 Stop-Loss: 117,290 Target 1: 116,920 Target 2: 116,725 Target 3: 116,500 Stop-Loss: 21 pips Risk: 0,5 % - 1% 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. :-)
Short
by Trading2ez
4
CHFJPY buy on H5, forecast update !!Plan : wait for prices to bounce off trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
CHFJPY LATEST UPDATE.In the name of Allah, the Most Gracious, the Most Merciful. CHFJPY LATEST UPDATE. IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY. USE TP AS PATTERN. HOW TO TRADE ON OUR SIGNALS. We Explain above you use that lot size whatever Capital you have. Let say, for example, you have 4000 Dollars Capital. We Posted Trade which has 4 Take Profit. We will use 0.20 Total lot size We will divide it in 4 Orders. 0.20 lot Divided by 4 Take profit = 0.05 Lot size. So we will open 4 Trade with 0.05 Lot size for each trade. Let See How We will do. 1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target. 2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target. 3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target. 4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target. Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry. If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target. If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On. Note: This is only for Educational Purpose this is not Investment advice. Thanks Adil Khan.
Short
by Make_Money_Guru_Bitcoin