CHFJPY seems to have started its retracement. i am expecting it to retraced to Fibonacci retracement level of 0.786 as previously marked. Also Stoch RSI is rallying upward. See previous analysis PLEASE LIKE, COMMENTS AND FOLLOW FOR MORE
CHFJPY is approaching our first support at 112.16 (horizontal pullback support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension, short term ascending support line) where a strong bounce might occur above this level pushing price up to our major resistance at 114.20 (horizontal pullback resistance). Stochastic (55,5,3) is approaching support and seeing a...
Price is located on a strong support area on the daily chart, and gave us a strong bullish candle. I`m going long.
CHFJPY Timeframe: H4 Direction: Long Confluences for Trade: - Strong Bullish Engulfing Candle - Break of Trendline in H4 (Established since Sept 2018) - Hovering around 50% Fibo levels of previous uptrend move - Narrowing gap between 8EMA and 50EMA - SL Levels is placed below the M/T Trendline (since May 2018) and 61% Fibo levels of previous uptrend...
Pair: CHFJPY Trade : Long Time Frame : 1 Hour Strategy: Wedge DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
Rompimiento de tendencia bajista CRUCE ACOSTA = Compra Tendencia General es Alcista. Riesgo de 40 pips por unos 140 pips de ganancia aproximadamente.
chfjpy bullish divergence has formed. chg long% increased 3% while jpy long% 3%. break and close below 112.60 will invalidate bullish setup
CHF/JPY downside movement is over. On 1/4 h chart, we got small impulse & almost proper correction. Which give us clear view that price will go up. And it has 500 pips possibility. Only the question is how much you can take from it.
CHFJPY is approaching our first resistance at 113.26 (horizontal pullback resistance, breakout level) and a price might potentially drop to our major support at 112.16 (horizontal pullback support, 61.8% Fibonacci extension, 61.8%, 78.6% Fibonacci retracement, long term ascending support line). RSI (89) is also seeing a bearish exit and we might see a...
WELCOME TO DACAPITAL TRADING!! VIP SWING SETUP 4 HOUR Strong bearish train, expecting a pullback now! DAILY Unstoppable bearish movement, market need to push back WEEKLY Finally at a Support Level, market was in free fall, bullish run now! LEVELS BUY CHFJPY @ 113.150 SL @ 112.510 (65 Pips) TP @ 114.870 (170 Pips) RR: 2.57 Be patient about our Swing...
CHFJPY is approaching our first support at 113.95 (horizontal swing low support) and a breakout below this level might push price down to our major support at 112.12 (horizontal pullback support, long term ascending support line, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our...
CHFJPY is approaching our first resistance at 115.27 (horizontal pullback resistance, 23.6% Fibonacci retracement, descending channel resistance) where a strong drop might occur below this level pushing price down to our major support at 113.32 (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension). RSI (89) is seeing a bearish exit...
THIS CHART RESPOND TO ALL MY PERSONAL CRITERIAS - PRICE HERE IS ON A RETRACEMENT ZONE + SUPPORT + 2 TRENDLINE + BULLISH HARMONIC PATTERN + YOU CAN WAIT FOR PULLBACK CANDLE FOR STRONGER CONFIRMATION TO BUY // PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
It seems that CHFJPY completed its retracement and its ready to continue up.
There is potential for a trend continuation in this pairing. Wait for the price to show signs of a bounce off the support and then look to make an entry. This is not trade advice, simply throwing ideas out there. Good luck and remember to use risk management carefully to reduce potential losses.
CHFJPY is approaching its support at 115.29 (100% Fibonacci extension, 38.2% & 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 116.28 (38.2% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 7.8% where a corresponding bounce could occur.