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...
Try to BUY it off of either of the Stop Hunts. The Daily; This is a (very) long term short, though; .... But for now, it's a BUY.
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.
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
Hey tradomaniacs, CHF/JPY with the second attempt to break above the key-resistance-zone 👉 It looks like this is a valid breakout with a continuation very soon! Comparing both moves above the resistance you can see that the price has found demand and flipped the previous upper trendline into a support. Volume, volatility and momentum has been very bullish...
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...
Welcome to our weekly trade setup ( CHFJPY )! - 1 HOUR Bearish price action after closing within the range. 4 HOUR Overall sideways market structure.. DAILY Expecting more upside pressure and a push to previous highs. - FOREX SWING BUY CHFJPY ENTRY LEVEL @ 117.030 SL @ 116.650 TP @ 117.550 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels -...
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.
daily engulfing + trendline support
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 supported buy sloping moving average looking for bulish. confident about bulish. Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
Hey tradomaniacs, after a long consoliidation we finally see an attempt to break out of the consolidation and key-resistance in order to continue the trend. A daily candle-close will be very important for the market as a confirmation for a breakout. If we get a clean and nice rejection at the resistance we should give it a try and go long with a very awesome...
There have been some strong rallies with CHFJPY, although this is my first time dealing with this pair. Due to market analysis and confluence, this has the potential to be a good buy strategy.
HELLO TEAM. Price action has formed a Bullish Symmetrical triangle (continuation pattern.) expecting a retracement for a third touch of the trend-line before bullish confirmation.
Potential long setup as price reacted from a strong support zone. Waiting for pullback to get a better entry. This research is for informational purposes and should not be construed as personal or financial advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.