CHFJPY sell trade planI am expecting CHFJPY to continue with its downward movement, will be looking for sells on minor timeframes
Chfjpyshort
CHFJPY M15The price has reached an important resistance and we expect a reaction from this resistance.
CHFJPY Still Bearish Although BullishHello fellow risk-takers
Watch out and take care
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*This information is for entertainment purposes only and shouldn't be construed as investment advice.
CHFJPYLet me bless you with a long-term trade, this pair is in correction mode from an impulsive movement on a monthly chat and weekly chat, so we will be placing our sell stop below the correction line.
also, we will be selling this pair on a small time frame.
I will be giving daily signals in this pair as days Goes until it covers all our expectations.
CHFJPY Bearish Momentum Predicted On the H1 time frame CHFJPY, we found a bearish momentum is coming for a short-term period.
CHFJPY Let me remind you that in my previous analysis we got our target. Now price has reached a very strong resistance area also we have seen how nicely JPY pair is showing bullish power. CHFJPY is one of the high probability setup.
- I am looking to sell this pair either from structure level or after counter line broken.
chfjpy sellchfjpy short :
Reasons :
1)pattern trend has been formed but waiting for confirmation
2)bearish naked candle has appeared
wait for confirmation until it hits the blue line
take profit : green line
stop loss : red line
CHFJPY's Hello fellow risk-takers.
The pair is still bearish in my books and extremely so!
What is currently happening is retracement that is needed to propel price even further downwards. I expect this retracement to be deep and reach the shaded area of supply zone.
The probability is quite high for price to touch this area of supply & demand imbalance and then nosedive again into a massive selloff.
Happy Trading.
______
*This information is for entertainment purposes only and shouldn't be construed as investment advice.
Trade idea - CHFJPY short opportunityTaking the previous weekly candle as the benchmark and keeping in mind the JPY strength against the USD, we prefer shorting CHFJPY at 120.40/50 levels with 50 to 75 pips TP target.
Possible short in highlighted zoneif the 1.38617, 1.3898, 1.3905 and 1.3909 high are broken, we could have a possible short at the 121.319259 - 121.077055 zone
Near 1100 pips profit for eur/jpy!Small profit for chf/jpy near 1100pips!
Sell
tp@119.164
sl@121.035
If you don't like my signals please don't follow and comment!
Its our business to get profit for friends!
chf/jpy small profit !It seems chf/jpy going up to nearest resistance @120.691 and tp is there.
BUY
TP@120.691
SL@119.608
Having a go to a short on CHFJPY - crazy pairIt looks that this pair keeps selling off everytime it tries to bounce, 3rd one is the charm :D
CHFJPY SELLFrom the CHFJPY setup i shared last week, we banked the 5th wave in the flat continuation pattern(Contracting Triangle) over 100pips... next move i see is a breakout in favor of the bears. GOODLUCK!
CHFJPY SHORTCHFJPY SELL :
TP :GREEN LINE
SL : RED LINE
ENTRY POINT : BLUE LINE
THERE IS A CHANCE THAT THE MARKET GOES DOWNTREND ONCE IT HITS THE SUPPORT LEVEL(BLUE LINE).
BUT WAIT FOR THE CONFIRMATION , WILL UPDATE YA LATER
CHFJPY bearish for 118.50 target #CHFJPY, JPY one year bearish extreme position. 13k shorts removed by professionals by last three weeks. chf one and five year bullish extreme positions suspect weakness ahead. 6k long removed in chf by last four weeks. 12% long removed chf bylast four weeks. 111.70 and 120.25 supply zone for short. stop loss above 120.70 i.e 120.80. Target 118.50
💡Don't miss the great sell opportunity in CHFJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (119.80).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 119.56
TP2= @ 119. 01
TP3= @ 118.86
TP4= @ 118.61
TP5= @ 118.41
SL: Break Above R2
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💡Don't miss the great sell opportunity in CHFJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (119.80).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 119.56
TP2= @ 119. 01
TP3= @ 118.86
TP4= @ 118.61
TP5= @ 118.41
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
