- Below Supply zone - after trendline breakout - wait for sell confirmation
ENTRY @112.599 STOP LOSS @113.744 TAKE PROFIT @109.748 TRAIL @113.744
Up for 40 pips, strong areas to push off and reach.
Plan: resistance level breakout --> wait for the price to bounce off from 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...
OANDA:CHFJPY failed to break out of the trend line and which signifies more bullish momentum to break out of the resistance turns support zone. NOTE ALL TP & SL ARE PROVIDED ON THE CHART
Please Follow My profil to get the forex ideas>> @PublicSquareFX CHFJPY
This pair has been ranging in between the symmetrical triangle pattern since the begining of May Clear break & retest with bullish reaction to retest the gives me confidence in the CHF's strength against the JPY 10 + 50EMA has had a bullish crossover and are both sloping upwards showing potential bullish bias JXY Japanese Index has been indicating weakness...
📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 CHFJPY technicaly based idea, we can see price is bounce on border of support trend line and from FIBO 0.61...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Thanks for Taking Interested in my Trading Idea. CHFJPY: Broadening formation Pattern. Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!
CHFJPY For the past one month CHFJPY pair is trading in a narrow range of around 100 pips We can expect the breakout as its further narrowing the channel Suitable short positions may open at this level 112.500 which is also a 23.6% Fibonacci And the potential take profit will be 110.500 Stop lose may placed above the top side resistance level which...
If it breaks 112.000 which it looks that will break wait for a retest and continuation.
should be waiting for the invalidation level to get a sell position. Let see what happens! Cheers! ;)
Riding the bear down the hill..Trade smart, use proper risk management and be Blessed..