Let us first of all look at the weekly view Price has arrived at rock solid multi-year resistance but with some serious momentum. I am thinking of a reversal but there is plenty of room for a profitable trade in either direction. The H4 view still looks bullish. Note that price action is not the cleanest, but it is respecting prior levels for the most part. Have...
Waiting for the resistance area to break buy strong candle
CHJPY breaks four hour resistance and moving to daily resistance @ 119.060 if it crosses 119.060 then it moves upto 122 wait for confirmation upto 118.650-700 and then go long..
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
As we can see chfjpy has hit Demand area and also we see the corrective movements from chfjpy i expect chfjpy will go down to test his support as well we still waiting for bearish flag on lower timeframe (15 minutes - 1H) to find confirmation however this scenario can be fail if chfjpy broke resistance set your own risk and dont forget to wait for confirmation
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Chfjpy is at a huge weekly resistance and playing at this level. In my opinion, I think there is still some bullish power, price can break out and then we can see a pullback occurring. Leave your thoughts below!!
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CHFJPY Short Setup Continuation trade: 👉🏻 BEAR BEAR BEAR. All signs are leading to the downside. My only exit is when price breaks above that major zone in purple. Now all is a retracement pointing to further crash.
My last publication on this pair witnessed Price moving 90 and 100pips consecutively from our Buy windows before the crash (see link below for reference purposes). I remaining Bullish on this pair as we find ourselves in another trading opportunity arising from a simple Reversal set-up on the 4Hour chart. Tendency: Uptrend ( Bullish ) Structure: ...
Buy CHFJPY at 116.400 SL: 115.800 TP: 117.400
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
I'm waiting for retest area to take Sell position. Now Based on Price action on Daily time frame we can see the bearish momentum . Hope you like this idea. Please like and comment below. Glad to hear that.
Looking at CHFJPY, we can see great confusion on recent candles. However, we see a failure to break 117.62 resistance level. Using candlestick pattern, we will like to see a higher or equal level close today to confirm our position. However, I am leaning towards seeing a equal or higher price close from previous day opening price. If so, I will be expecting price...