The Tidal Shift Strategy has just sold CHFJPY at 108.903. The system recommends entering this trade at any price between 108.358 and 109.448. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 1.863, which suggests that the CHFJPY could be trending downwards.The 14-period Average...
The Congestion Opportunities Strategy has just bought CHFJPY at 108.511. The system recommends entering this trade at any price between 108.344 and 108.678. The signal was issued because the 28-hour Relative Strength Index indicates that the CHFJPY may be oversold, while the Speculative Sentiment Index reading of 1.213 indicates that trader sentiment is not at...
CHFJPY have reached a strong area of support now. After this long bearish move we will see a correction or a potential higher low on the D1 timeframe. I will look for good buy entries on lower timeframes.
CHFJPY is approaching its resistance at 112.92 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it icould potentially reverse down to its support at 111.97 (horizontal overlap support). Stochastic (55, 5, 3) is approaching its resistance at 93% where a corresponding reversal may occur.
The Trend Follower Strategy has just sold CHFJPY at 111.613. The system recommends entering this trade at any price between 111.464 and 111.762. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.618. This suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is...
The Congestion Opportunities Strategy has just bought CHFJPY at 111.35. The system recommends entering this trade at any price between 111.192 and 111.508. The signal was issued because the 28-hour Relative Strength Index indicates that the CHFJPY may be oversold, while the Speculative Sentiment Index reading of 1.232 indicates that trader sentiment is not at...
CHFJPY is approaching its support at 110.75 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 111.71 (23.6% Fibonacci retracement, horizontal pullback resistance). Stochastic (89, 5, 3) is approaching its support at 1.7% where a corresponding bounce could occur.
The Tidal Shift Strategy has just sold CHFJPY at 112.586. The system recommends entering this trade at any price between 112.371 and 112.801. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 1.146, which suggests that the CHFJPY could be trending downwards.The 14-period Average...
CHFJPY is approaching our first support at 112.26 (horizontal swing low support, 76.4% fibonacci retracement, long term ascending support line) where a strong bounce might occur above this level pushing price up to our major resistance at 113.15 (horizontal pullback resistance, 38.2% fibonacci retracement, 61.8% fibonacci extension). Stochastic (34,5,3) is also...
The Trend Follower Strategy has just bought CHFJPY at 113.162. The system recommends entering this trade at any price between 113.026 and 113.298. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.516. This suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is...
CHFJPY is testing its support at 113.09 (100%, 61.8% Fibonacci extension, 50% Fibonacci retracement) where it could potentially bounce to its resistance at 113.74 (38.2% Fibonacci retracement). Stochastic (89, 5, 3) is approaching its support at 4.6% where a corresponding bounce could occur.
Analysis is on the chart. If anyone has questions, feel free to comment
CHFJPY is setting up to make a crucial descision in the next few days. We are approaching a key support trendline and the interaction we get will be important. There are two ways of drawing the support line so I posted them both and you guys can determine which one you like better. If we are going to move up, we will probably form some type of reversal pattern...
The Tidal Shift Strategy has just sold CHFJPY at 113.359. The system recommends entering this trade at any price between 113.219 and 113.499. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -1.28, which suggests that the CHFJPY could be trending downwards.The 14-period Average...
WELCOME TO DACAPITAL-TRADING! CHFJPY FOREX BREAKDOWN 17 DECEMBER 2018 1 HOUR Strong bullish price action.. 4 HOUR Strong reaction to 113.500 possible HL and now up! DAILY Overall bullish price movement with Bullish waves and a lot of HH / HL! LEVELS (Please split your Position to 3 small ones for perfect entrys!) BUY CHFJPY 1ST @ 114.040 2ND @...
Stop loss, entry price and targets are mentioned on graph.
CHFJPY Current structure displays a bullish channel. If/when the formation breaks, price will break out. Price is making higher highs and higher lows. Setting the SL below previous low, which will indicate a weakening trend. Otherwise, we ride it up to 115.120 level. Thanks for reading and much success! Follow- and let's build success. - StampsFX