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.
CHFJPY Was trading within a range only the range was around 300 pips from 116.00 to 119.00. From 116.500 it went bullish up to 119.00 and reached 2021 yearly high and started falling towards yearly low levels. CHFJPY will fall towards 114.00 Sell @ 116.500 Take profit @ 115.100 Stop lose @ 116.850
Hi Traders CHF/JPY (Daily Timeframe) A high probability, entry to go SHORT is forming @ 116.154 after the market found resistance @ 117.772. Only the upward break of 117.772 would cancel this bearish scenario. Trade details: Entry: 116.154 Stop loss: 117.772 Take profit 1: 115.199 Take profit 2: 113.581 Take profit 3: 110.944 Score: 6 Strategy: Bearish Trend Reversal
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. ...
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
CHFJPY, Retesting breakout from a ranging market!
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...
As previously shown on a post this pair is at a resistance and is now breaking above. For an entry we want to see a retrace back to support and then a rebound upwards. I have set an initial target of 119.004 and then this can be swing traded to the following targets of 119.917 and 121.950
The region around 117.660 has been a line in the sand for the last +5 years. Every time price gets to this region, it promptly reverses course. Sometimes, it does break though for a short distance (creating a false break) but very impulsively, it falls right back. Let’s take a look at the recent price action on the daily chart. You can see 12 attempts to break...
This is at a big monthly resistance level, it has rejected this level a number of times but I think it is likely to breakout above this soon as the price has been more stable than its previous attempts which were big spikes to this price. Price action is currently bullish as seen on MACD and EMA's, I want to see the breakout confirmed and then the support created...
This has retraced to 0.5 Fibonacci, looking for this to now continue downwards to the support level. Need to wait for confirmation of this first as MACD and EMA's are on the bullish side, need to see MACD start dropping and EMA's to cross back over. TP is just below 0.382 Fib at 116.234.
I posted this earlier in the week but made an error on my chart and was targeting the wrong zone. Here, we can see price has now touched a good demand level, which meets all of my requirements for entry. We're now just waiting on price action to develop.
We longed this pair from 116.290 two weeks ago and we've now had a considerable pullback. We're looking for potential long opportunities from here.
CHFJPY, price rejection due to strong monthly Resistance above!