CHFJPY Market has broken out of falling resistance and also has formed a double bottom. So i am looking for a buy move.
Wait for a break and retest of level 119.500 to go short with good bearish confirmation on H1. Reasoning: Price has made a large bullish move causing imbalance of S&D. Therefore, price is expected to fill in the imbalance. Price has also rejected trendline and resistance(Blue Line) Overall trend is still bearish If trend were to turn bullish, it would have...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
SL: 118.577 TP: 119.822 RRR: 2.11 Price is showing clear indication of respect to the 4hr and daily line of support, thus reflecting a potential rise in the market.
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
Price giving us more reasons to short. With many confluences been added.
The weekly chart shows price to moving within a widening rising wedge. Scaling down to the D1, price is also trading within a rising wedge. I wend down to the H4 to make an even thorough analysis. Here I found that price had made a very impulsive move to the downside. This was followed by a correction which clearly broke to the upside. On the H1, a correctional...
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
Last Week CHFJPY tested demand & rallied to the upside breaking the minor downtrend market structure. Currently market is in imbalance between 120.20 & 120.70. My bias for this market is bullish unless it makes a new lower low and breaks the current market stucture. From Daily timeframe CHFJPY seems bearish but last week it failed to make a new lower. So,...
I try to make Every thing Simple and Self explanatory in The Chart. Thank you for Watching My Trading Idea.
The Pair can be seen forming a triangle pattern in the bearish trend which indicates a continuation. Took my entry at the resistance of the triangle
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
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.
CHF/JPY is currently struggling to overcome the resistance at 122.50 area. The last few candlesticks on the 4H chart indicates some bearishness. So, based on this bearish price action, traders can consider selling the the resistance with initial target as shown by the arrow marked in my chart.
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