Swissfranc
CHFJPY: Potential Buying Opportunity Explained🇨🇭🇯🇵
On today's live stream I shared my trading plan on CHFJPY:
the pair is trading in a bullish trend.
the price is perfectly respecting a major rising trend line.
Now the price is approaching that.
To buy with a confirmation watch a double bottom formation on hourly time frame.
124.7 - 124.85 is its neckline.
You need an hourly candle close above that as a trigger to buy.
Goals will be 125.337 / 125.89
In case of a bearish breakout of a trend line, the setup will be invalid.
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✅GBP_CHF WAIT FOR BREAKOUT|LONG🚀
✅GBP_CHF will be retesting a support level soon
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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✅CHF_JPY LOCAL LONG🚀
✅CHF_JPY is trading an uptrend
Along the rising support line
Which makes me bullish biased
And the pair is about to retest the rising support
Thus, a rebound and a move up is expected
With the target of retesting the level above
LONG🚀
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NZD-CHF Breakout Long! Buy!
Hello,Traders!
NZD-CHF broke the key horizontal level
Which has turned into a support
And the pair is going down now
To retest the the demand level below
From where I am expecting a bullish continuation
Buy!
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GBP-CHF Potential Long! Buy!
Hello,Traders!
GBP-CHF is falling in a local downtrend
But a strong horizontal support level is ahead
So, though with caution, we might expect
A bullish correction with the retest of the
Local resistance level above
Use low risk!
Buy!
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CHFJPY: Classic Trend-Following Swing Setup 🇨🇭🇯🇵
CHFJPY broke a resistance area of a bullish accumulation pattern on a daily.
After a retest I will expect a bullish continuation to 126.75 level.
Because the retest area is quite wide, I would suggest looking for a confirmation on lower time frames before you buy.
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CHF-JPY Breakout Long! Buy!
Hello,Traders!
CHF-JPY broke the key horizontal level
Which turned into a support area
And is now retesting it
Which means that we are likley to see a move up
From the level towards the supply levels above
Buy!
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USDCHF Short AnalysisUSDCHF is currently in ranging on the daily timeframe,
For now the pair has reached a strong resistance area that the market respected several times in the past.
Rejection has been going and the market has been unable to break the resistance.
if the the market respects the structure, we should wait to retest the resistance and short this pair.
On the the other hand, what is interesting is that the market seems to be making Head and shoulders if it is able to reach our support line. then we can still stay in short of this pair for the longer term.
In anyways, good luck and stay safe!!
What is your analysis on USDCHF?
CAD-CHF Will Fall! Sell!
Hello,Traders!
CAD-CHF went up just as I predicted
In my previus analysis and now the pair
Has reached a resistance cluster
Of the falling and horizontal key levels
From where I am expecting a move down
Towards the local support below
Sell!
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USD-CHF Local Short! Sell!
Hello,Traders!
USD-CHF is going up to retest the horizontal resistance
From where I am expecting a local bearish reaction
And a bearish correction with the target of retesting
The demand level below
Sell!
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See other ideas below too!