The Tidal Shift Strategy has just sold CHFJPY at 109.817. The system recommends entering this trade at any price between 109.679 and 109.954. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 2.536, which suggests that the CHFJPY could be trending downwards.The 14-period Average...
It is looking like the corrective phase is over and the next JPY bullish run is on for this pair. I should have published yesterday, and you can see we are already in this move. I like to set multiple TP's along the way to secure equity into my account, and I have one move in for a large swing. If this start to play out, as it has, I will only be looking to stack...
CHFJPY has approached a major resistance zone around 109.000. Price is expected to bounce off this tested resistance zone either all the way back up to the previous major support zone around 111.500 or the previous swing low at 110.600.
Trade Details :
SL : 109.400
TP 1 : 110.600
TP 2 : 111.700
Anticipating shift in trend upwards as price action demonstrates a strong momentum swing up. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
ALL OF OUR TRADES AND POSITION UPDATES ARE POSTED TO OUR TELEGRAM AND INSTAGRAM PAGES
Trade Telegram: t.me
Chat Telegram: t.me
Symbol: CHF.JPY - Swiss Franc / Japanese Yen
Timeframe: Weekly, Daily, and 4-hour
Predicted Direction: Short
CHF.JPY - Swiss Franc / Japanese Yen updates will be available in the comments section below.
Hope this idea helps!
Don’t forget to Like/Follow if you enjoyed this post :)
In this video, I will show you how $100 traded with the Martin Trend LIne Candles and Martin Profit lines indicators below in the last 7 days would have turned into $1,798. Incredible profits!
Get these two indicators below and come make these profits with us! Feel free to copy out...
Waiting for Bearish Signal
Sell CHFJPY: 111.9 - 112.1
TP1: 111.4 TP2: 111
***NOTE: All of my plans, you have to be patient to wait for the price comes close to the EXPECTED ZONE.
At that time, you should be at your desk to WAIT FOR REVERSAL CANDLES or PATTERNS on the low timeframe before EXECUTING ORDERS.
Great resistance bounce followed by a triangle breakout on the lower time-frame (H1) giving us a good short opportunity with good risk to reward ratios.
I have placed 2 different trade setups on the chart one with a wider stop-loss and take profit which gives room for any retracements which may occur. The second setup has a tighter stop-loss and is more for those...
I am currently looking at CHF/JPY which I would like to buy if it reaches the levels I have highlighted in my chart.
I will put a BUY LIMIT and a target as shown.
This trade is valid for the day.
Trade with care!