Trend : Bearish Formation: Descending Triangle Entry : Wait for the breakdown below the descending triangle (112.5) !!. you can always wait for a slight pull back (after the breakdown) before you enter the short trade. Do remember that there are times that you cant get the expected full profit. By sacrificing a portion of the position will lead to a better entry...
waiting for support to hold if support didn't hold than we will go down long only at confirmation only.
Up for 40 pips, strong areas to push off and reach.
Welcome to our weekly trade setup ( CHFJPY )! - 1 HOUR Bullish price action after taking out 112.500! 4 HOUR Expecting more bullish pa, prices trading above main sr now. DAILY Overall bullish after a small pullback, turning to normal trend again! - FOREX SWING BUY CHFJPY ENTRY LEVEL @ 113.110 SL @ 112.550 TP @ 113.890 Max Risk. 0.5% - 1%! (Remember to add a...
CHFJPY is showing opportunity to go short on the 4HR timeframe. This is potentially a bearish retracement on the 4hr for a bullish impulse on the daily to come soon. Do not risk more than 2%
Keep Watch Correction and SELL Thankyou
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...
Hey tradomaniacs, welcome to another free trade-plan . Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. Market-Buy-Order: 113,360 Stop-Loss: 112,810 Target 1: 113,990 Target 2: 114,200 Target 3: 114,560 Stop-Loss: 55 pips Risk: 1% Risk-Reward: 2,15 LEAVE A LIKE AND A COMMENT - I appreciate every...
Hope will work
Hello traders, We have had a nice short trade earlier on this pair and now after the pullback we have spotted a nice bullish engulfing candle which suggests that we should see further upside movements. I have gone long on this and marked the entry point, sl and tp for you as well. Ultimately I think it should make a double top before deciding further...
Hello traders! MACD line just crossed above SIGNAL line -> beginning of a BULLISH UPTREND RSI 14 is facing upwards -> does not look overbought yet CHF/JPY price seems to be able to break the resistance line. My suggestion is to put the target price towards the second resistance. Please, maintain proper position sizing and risk management! Not a financial...
We can see drop continue downfall after test the 3rd touches. ThankYOu
Because I draw some lines here & there and for sure it is a buy,right ?