CHFJPY Previous Uptrend and Break below Currently CHFJPY making Pattern and in sideway. So we will look to Buy at SUpport and Sell at Resistance . Entry 1 - 119.35 Entry 2 - 119.10 TP 1 - 119.700 TP 2 - 120.150 TP 3 - 120.600 TP 4 - 121.300 SL - 118.85 This is not Signal Thank You
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Hey traders, here is the analysis for the CHFJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
I will look to buy CHFJPY if it retraces to get a good entry on a second buy position, adding to last week's. (view the link below for last weeks idea posted on trading view for the same pair)
Price creating series of HH/HL formation depicting that we are clearly in an uptrend market. Also the current level of structure was broken last week, we might likely see the continuation to the upside this week
Price creating series of HH/HL formation depicting that we are clearly in an uptrend market. Also the current level of structure was broken last week, we might likely see the continuation to the upside this week
going long on chfjpy one less confluence factor as H4 candle closure was very bullish but the market structure is maintaining (for now) on the 30m chart as we just retraced 100%, potential risk to reward 1:11
reentry following previous analysis, 61.8% retracement this time providing and even better RR
Technical Analysis: The price is trading inside a bullish flag which indicates that we are in a correction before an impulse to the upside. The pair is heading toward the area of confluence which is made by the 61.80% Fibonacci retracement and the strong support. This will lead to a move upward in the same direction of the main...
Daily chart in a bullish trend H4 chart - initiated bullish trend and had retraced to 50% fib level, rejecting from a previous level of resistance (H4 projection projection -27% fib level) 30m chart - Break of resistance creating a new high after a double bottom, was waiting for a retracement for to the 38.2%or 50% fib level, however started ranging between 0 and...
CHFJPY RETESTED SUPPORT AS EXPECTED.. EXPECT LONGS TO CONTINUE TO 123+..
Technical Analysis: The price posted a head and shoulders near the lower end of the bullish flag. This led to a breakout to the upside. A lower correction might be seen before the rally upward in the same direction of the main trend. ------------------------------------------------------------------------------------- Trade Idea: Buy Limit Order @ 121.93 Take...
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