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...
FX:CHFJPY BAT: Point B: 38.2% to 50% XA Point C: 38.2% to 88.6% AB Point D: 88.6% XA Targets: TP1 38.2% AD TP2 61.8% AD CYPHER: Point B: 38.2% to 61.8% XA Point C: 127% to 141% ext XA Point D: 78.6% XC Target: TP1 38.2% CD TP2 61.8% CD Safe Trades; open.spotify.com
A lot of support here around 112.00 - A clear break is needed to bolster the downward move - A least a bounce around here should be expected.
#CHFJPY Short 113.303 TP 112.750 Buy stop 115.303 #FXMademoiselle Subscription trading available ifeed.io via @investFeed 1FXExotic 3 majors minors
The pair will breakout very soon, either immediately as a breakout from an ABC corrective structure or going up a bit to complete a triangle and then break down, either ways plenty of sell opportunities will materialize so keep a close watch!
Hi traders, RIght now I am entering a long position on CHFJPY. Many CHF pairs are at structure and many xxxJPY pairs want to move upwards. Entry: 113.134 Stop: 112.66 Target 1: 113.767 Target 2: 114 Target 3: 114.533 Best of luck!
the pair is breaking to the downside after a corrective move to the top trend line of the larger degree downtrend providing a nice opportunity to short it after a confirmation of break.
Hi traders, For this pair I am looking at a short entry at 118.3 area. Previous support & resistance Trendline 1.618 fib of the most recent swing on lower timeframe (see below in comments) Completed AB=CD pattern (see below in comments) Entry: 118.3 Stop: 119.3 Target 1: 116.46 Target 2: 114.33 Best of luck!
Similar to CADJPY, CHFJPY also completed a Wolfe Wave at 5'. Now looking at the Geo Off-Set Rule at point 4 as a target. For detailed analysis and teachings of the Geo Off-Set rule please visit: www.tradingview.com
Currency on channel... wathing close!!! If this analysis makes sense to you give me a like and share with your friends. Thank you and good trades !!! *DISCLAIMER: Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style....
possible bat on chfjpy. tp1: 38% and tp2 61% sl: 20 pips under x point