Ascending Triangle formed on CHF/JPY It kind of looked like a Cup and Handle but the handle was quite V shape. Instead I looked at the rising lows and how it hit the same highs. Now that the price has broken up, we can expect buy side liquidity to continue. 7>21>200 RSI >50 - Bull divergence Target 151.48
Swiss Franc/Japanese Yen wasn't able to break the resistance line successfully and made a Double Top pattern. I expect that the Swiss Franc/Japanese Yen will go down at least to the Double Top pattern's target. 🔅Swiss Franc/Japanese Yen Analyze ( CHFJPY ) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to...
Up or Down I don't really know. Personally I think up. But technically looks like H&S. We must wait and see.
( Because it will be need!! ) ... and the hands-down, no-contest winner is: The Japanese Yen - and it's denominated securities. Ohh, just off of the top of one's head; ... and just how many more clues does one require??... For real.
Nice sell Down we had as expected. Our Shorts trades are in profit. I am expecting we can have more sell down to come. The first potential TP will be 1.152 and 1,14. Enjoy the ride. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in...
ChfJpy Daily chart - I see price trading in a bullish wedge/flag consolidation pattern on daily chart but the main trend is bullish so I am anticipating a break out and a bullish impulsive move on this pair over the coming weeks.
PRICE IS FINISHING THE CONSOLIDATION PERIOD. EXPECT A BREAKOUT. ON THE CHART ATR LEVEL OF 1.4113 AND BEYOND THAT IS CONSIDERED AS HIGH VOLATILITY FOR THIS CURRENCY PAIR. FOR BUY: ENTER TRADE ABOVE 1.4113 VOLATILITY LEVEL; CONFIRMATION SHOULD BE A BREAK OF THE 106.326 FIB LEVEL. FOR SELL: ENTER TRADE ENTER TRADE ABOVE 1.4113 VOLATILITY LEVEL. IN ORDER TO...
Hello Traders, Here we have a Wolfe Wave pair similar to CADJPY, we hit point 5 last week and now would be a good time to short this pair using the Wolfe Wave pattern. This cancels out the previous chart I posted on CHFJPY(linked below). Best, Chartistry
When we posted the chart below on Friday last week at 15:15, at about same time, all related yen pairs extended upside by a minimum of 40pips. But chfjpy made only 16pips to the upside, before dropping on Sunday open by a massive 120pips. This is mind bugling considering a 40pips moves to the upside was first profit target @114.95.
long based on potential bearish gartley and bearish alt bat completion