If it breaches the price 112.700 then i am long with take profits as mentioned on chart Reasons To Go Longs: Downward Channel Breakout Reversal Pattern Symetrical Triangle Breakout Volume is following Moving Averages Compression It's On The News as well Major Trendline breach requirements fullfill can lead to extreme volume onto upside Do Join Our Daily Live...
$CHFJPY ,Watch out for bearish Price Action near zone 112.7-112 and a potential move to the downside from this major zone. Strong downtrend, Happy Trading Price action tracker Skype: @PriceActionTool PS: Guys, as you all know at the moment we can only share our ideas on Twitter and stocktwits, i have asked tradingview to add Facebook and linkedin to that...
As posted previously in my published analysis of CHF/JPY I am looking to continue with my Short Bias with targets at 107.000 then onto 104.209 as the final target for this trade. I have entered yesterday was down about -60pips however, the trade now seems to resume its down move and currently sitting at about -14pips. Stop loss set at 112.109 Also check my...
Base on wave theory and the Fibonacci theory, CHF JPY should reach the 128,00 extension. It will most probably stay between the dark blue line and the lower light blue line. It still could go up to the higher light blue line, so don't lower your stop loss too fast. The red lines are highly possible resistance level where the price could go from the lower...
Good morning traders, Massive reversal on CHFJPY forms a potential Wolfe Wave pattern. 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is...
Hi, I waited for some weeks but now my CHFJPY sell trade is running very well: +330 pips of profit now. When the market will open it could bounce for a moment, but in any case it is in the right direction to pay me hundreds of pips in realized profits. Let see. Thank you Girolamo Aloe - profiting.me
Similar structure to AUDJPY. But this pair should have more momentum than AUDJPY. Another ABC down is a possibility. But with divergence there is a high probability that the correction is almost complete.
After many frustrating weeks of trading with indicators and several losses I decided to remove my indicators and try price action trading. I've spent the past week studying price action patterns and candlestick patterns. My studying is not over, but I made my first 4 trades last night (Texas) and as of right now all are winners. Thank you to Wave-Trader for the...
When will SNB intervene..? BOJ Conference isn't until June 15 & there is quite the amount of China news from here on out. I expect BOJ 2 do more QE
I'm waiting for one more wave to the upside; then I'll decide whether there is one more wave to downside or not, right now I believe there is one more wave to downside (after this wave to upside)
Targets on chat You may start buying the pair. While, Risk depends on your capital.
Last week low is at 111.00. We have a small shark pattern at this level and I want a quick 60-80 off this trade. Stops above 111.2
Please see annotated chart for details.
we have a bat pattern on chfjpy. it is not a big support , but we have a long divergence and a confluence with 1,27AB=CD
I am quite keen to long CHFJPY at 110.00. There are 2 patterns coming in plus a nice round number along good support. A very good trade in the making.