As we can see OANDA:CHFJPY daily chart, within coming week price going to test major level. This area can be a support level & also can be a resistance level. But we know price sitting long term bullish trend. So in this area, my more favor to act this level as a major support level. lower time frame im looking for behaver shift bearish to bullish with some nice...
Here is my analysis for CHFJPY for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell. What are your thoughts? Leave it in the comments below! Blue Signal FX Rules-Based Trading 1. CHECK THE NEWS! 2. WHAT IS THE OVERALL TREND? 3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND...
Here is my buy setup on CHFJPY. Price retraced .50 fib zones, assuming the correction has come to an end, I will take my first long positions here and add buy stops at 129.6. Goodluck trading
its forming a cup and handle pattern expecting it to break the handle and trend upwards
The short-term uptrend line is broken and has a correction of 61.8% and is tangent to the long-term uptrend line.Are you agree?
Right Now this Currency Pair is in Neutral Phase 1- It is making Cup & Handle Chart Pattern on Daily Time Frame Indicating its Bullish Behavior 2-It is Moving in Parallel Channel Chart Pattern on Daily Time Frame and Right Now heading towards bottom of the channel indicating Bearish Behavior 3- When Considering Fibo Levels after breaking 38.2 % Fibo Level Price...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (125.13). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHFJPY is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (125.13). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHFJPY is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
From this area, I enter the cell position with a specific stop loss and a specific TP
Wait till itt hits higher low and observe what will happen, looking for buying chance.
We can easily expect the creation of a higher high Monthly: We have an impulse and correction respecting precious resistance now turn support. When we have an impulse and correction we can definitely expect another impulse. Weekly: In weekly we have an impulse correction pattern. Also price is respecting .50 fibonacci level. We could expect a creation of a...
Hey Traders, in tomorrow's trading session we are monitoring CHFJPY for a buying opportunity around 123 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Don't forget to click on the follow button for more professional daily analysis, also if you have any questions, please do ask them! The CHF brings up a very nice story, for me. I used to go there a lot years back and I went again in november. This is because I and my family like it there. Its a place we return to, Just like this, the price is back where it...
Hello everyone, if you like the idea, do not forget to support with a like and follow. We can see on the COT - Commitment of Traders, which is what Hedge funds and the non commercials so the biggest in the market are doing. Where we can see that CHF's net positions have been decreasing, where we went from having positive 9,678 net positions to down to minus...
Hello everyone, if you like the idea, do not forget to support with a like and follow. We still have a W formation on the Monthly & Weekly where we have 2 sets of trades as seen below. We are looking into a neckline retracement before the move to the upside. We are also looking for a sell reentry before the reversal on the Monthly or Weekly long. BUY 1 (Weekly W...
H4 time frame. Structure: Uptrend. At the price of 122,500 CHFJPY formed a divergence signal with the MACD indicator. Wait for the price to break the Key level at 123,700 and appear a confirmation signal, then you can find a buying opportunity. The profit target is the price zone of...
Buy: CHF / JPY Sell limit: 122.560 SL @ 121.890 TP @ 123.400 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
CHFJPY LONG - Buy Entry - H4 Chart Symbol: CHFJPY Timeframe: H4 Type: BUY Entry Price: Buy @ Market Stop Loss: 122.340 Take Profit: 124.483 🔺 DISCLAIMER 🔺 For educational informational purposes only. 🔺 Analysis may change at any time without notice. 🔺 You must research and create your own trading plan.