Possible Head and shoulders in formation According to Resisance and suppport level TP and Stop Losse
CHFJPY, We are still in 2 positions heading down to the major support at breakout. This is a massive swing for us, so we must be patient and also be ready to take partial profits and moving SL's. If price follows our plan thoroughly we might have 3 more entries while moving down.
broken out of wedge pattern looking very bearish. Comment on your ideas. like and follow
What's up guys , Price approaches a resistance zone and I'm looking for major sell setups , it will be a classic entry immediately after the break of the last low and the neckline of the potential Heads and shoulders , Why I said potential is because it hasn't formed yet and I am looking forward to see it happen so it could suite my trading style and give me...
The weekly candle on the swiss yen gave us a potential bearish signal. We expect price to continue to consolidate to the upside before giving us a big drop to the downside. BULL CASE Price moves to the top of the channel before dropping down farther. The price we're looking at is 126 but it may breakdown midway due to the uncertain nature in this zone. BEAR...
FX:CHFJPY The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
Here is the chart of CHFJPY Last time we made 500+ pips and this time looking for one more bigger move approx 1000pips reasons behind this trade :- 1: there is years of strong support 2: there is monthly support 3: index is going to show in weakness in upcoming days(my perspective) 4. We are going to take this trade of breakout Thank you ❣️ peace
CHF/JPY forecasting the rally and buying the dips at the DEMAND RECTANGLE AREA CHFJPY is another instrument that has given us trading opportunity lately . The pair is showing impulsive sequences in the cycle from the September 20th low. Recently this pair have been trending for the past year and some. A pull back into (118.02) we expected STRONG BUYERS.
CHFJPY Show us a possibility Shoulder-Head-Shoulder. With a good entry around 124.900.
CHFJPY short off a potential H&S. long Bull run... its got to turn at some point, and i love a head and shoulders pattern
chfjpy short + Entry point elliot wave hamronic pattern supplyanddemand wychoff starts all are involve
could possibly see the right shoulder of a head and shoulders pattern forming here. Will be keeping my eyes on this to get into a short position.
• General movement of the market is bearish so bearish momentum likely to continue • Price has formed an expanding triangle pattern on the daily chart (price has respected this line 2 times already so likely to respect it again and its on the daily chart which makes it very strong • Price has also formed an ascending channel on the 1 hour chart which is an...
In Daily time frame price is bullish without any doubt but price has reached Daily bullish channel upper boundary and we can also see standard bearish divergence in Daily time frame which gives us more confluence. As a result of this daily bearish confirmations we saw a bearish move which you can see it in 1H time frame and as a result of this bearish move price...