Hello Traders, Here is a beautiful set up for CHFJPY. I would get added confirmation of the up move if and when an inverse head and shoulders is created. Pay attention to the green highlighted section and the reaction we see from there. Best, Chartistry
FX:CHFJPY Sell the breakout, buy the patterns. Broken Structure; Nice cluster below the 127% extension: 61.8% of XC; 141% ext. ab; 161% ext. bc; This will complete an ab=cd pattern. Safe Trades;
The Gartley Pattern completed, waiting for a retest of the high 112.11 for an entry. Risk to reward of 1:2
The pair arrived to a reversal point this week. Although, it´s been on a downtrend since last year, it hasn´t passed 110 figures to the date. At the moment, the lowering movement was held by a weekly 200 MA. Looks like once again BOJ decision will be critical for JPY here: if an extremely soft monetary policy continues, this pair may refresh the historical...
CHFJPY is in his way of making a double top formation and it is in 0.5 fib retracment level so the first target is the bottom 110 then the second target 108 if it breaks the bottom nice trading every body follow me for more trading ideas @
Price seems to have found its base around 110.80 zone and has been printing High Lows since then. I like the long lower shadow consolidation. LONG if price takes off the high of the DOJI at 111.747 zone
A deep bearish crab pattern on the M5 timeframe emerging.
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
Confirmed bullish engulf candle on weekly chart. I think this bill be only retracement not reversal. Because on monthly chart this pair is bearish
Analyze description on our instagram page Note: The proper position size based on the trade capital exposure and account size will risk no more than 3% signaler.online
CHFJPY. Setup created... Looking for opportunity to buy
completing wave A and theres still about 200+ pips to get out of this long position.
Swiss Franc has been falling for 8 months and all the time we had good levels for opening short trades in the direction of the main trend. We could be with huge profit, if we opened short positions and hold them. And again price reversed after correction and followed the main trend. When price closed below MA50, we got a signal for opening short positions. MACD...
CHFJPY is offering a terrific reward/risk opportunity in the daily chart. As you can see I have marked a level of net short positioning for oil futures traders, as well as added the oil line chart as an overlay to the comittment of traders report data indicator so you can see what happened the last time commercial hedgers' net short positions reached these...