Hey traders 👨💻 Looking at this pair we have had a H&S that has retraced back to the neck line and failed to go any higher. I now assume it will come back to retest the trendline and support around the 116.250 area. We must first clear the structure beneath it first. Adding this to my watchlist 👀
This is a follow-up on my previous publication as we are yet to find a headway (see link below for reference purposes)... Recall, I mentioned in my last publication that we are in a long term uptrend situation on this pair. However, it appears the price is going through a corrective phase that might incite the much-expected rally in the nearest future. In this...
Hi Traders I am currently watching CHFJPY as it is providing a very interesting price action setup. With the recent rejection of the structure level the momentum has shifted to bearish. I am expecting a continuation to the downside. An entry scenario requires a clear push below the current support level. I will place my sell limit at that very level,...
Plan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. ...
Re-Entering Trade, I Made A Very Early Entry With The Previous Idea. Guess Too Much Confidence From Winning Lol:: It Happens : TP 1$2 Indicated By Fibs... Ideas Always bAsed on Trend aNalYsis (((((FOREX IS A JOKE))))
With 200 pips in our favour since my last publication, it appears we are close to another trading opportunity should the pattern transpose into expectations. What appears to be a temporary Breakout of Y118.000 on the 15th Feb 2021 reveals that there is a strong presence to buying pressure around this area and could be a level to focus on in the nearest future for...
This has had a big rejection from the resistance level and has continued down to support where it has finally slowed. I expect this to be a brief correction before continuing downwards. For an entry to a short I want to see this break the support and then retest it as resistance. Then a short can be taken with a target at the next support of 113.819
We managed to see a nice 261.8 fib level rejection followed by a BEARISH movement back to 161.8% fib level. Also, price level is currently near my moving averages which I expect a possible rejection here. Looking at the chart, we can see great BULLISH pressure holding CHFJPY for now. It have yet to breakout of the BULLISH climb momentum. Having said that, I expect...
Hey traders 👨💻 Update on this pair. It's broken the up trendline. We also have a H&S pattern. Hoping to see a correction to at least the 0.382 Fib before going short.
Hey tradomaniacs, welcome to another free trading-setup! CHF/JPY: Day-Swingtrade-Execution Market-Buy-Order: 117,830 Stop-Loss: 117,515 Point of Risk-Reduction: 118,190 Take-Profit: 118,795 Stop-Loss: 32 pips Risk: 0,5% - 1% Risk-Reward: 3,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see...
After a protracted growth on CHFJPY, we've seen a decline lately. Price has now retraced to out trendline. lets see if my trendline support holds this time
CHFJPY AFTER SUCCESFULLY BREAK THE PREVIOUS RESISTANCE ZONE...NOW IT BACK TO THE SAME RESISTANCE ZONE.. NOW THE RESISTANCE ZONE CAN ACT AS SUPPORT ZONE...WAIT FOR CONFIRMATION AND THEN GO LONG... IF IT FAILS..THEN YOU CAN MAKE THREE TRADES WHICH SHOWN ABOVE... TRADE CAREFULLY....
You have any hesitation above the chart Have any glitch on the nzdchf weeklieas chart ? i hope traders can properly indentify my charting glitch ! CHFJPY expectation is rights? CHFJPY will be gone moon ! #CHFJPY Where will be arrived? CHFJPY BULL prive movement prediction ready i believe that . CHFJPY mine own perspective so what's your opinion on the nzdchf...
CHFJPY, Retesting breakout from a ranging market!
Hey traders, here is the analysis for the CHFJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Big correction seen on JPY pairs today. This is back into a support level now, need to see it hold up here and there should be a very good long opportunity. Can use the 4HR and 1HR timeframes to pinpoint the best entry point, it has shown no sign of turning higher or slowing down yet but it should do soon. MACD is well above 0 so still bullish and EMA's have not...