The counter has made a double top pattern at the highs. It has broken a critical support level at 115.72, which validates the double top. Hence, we expect the pair to be bearish in the short-term.
Hey traders, here is the analysis for CHFJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
After we made double top, we broke an hourly + daily trend with strong break for EMA 20 Lets sell the pair and wait some profits
As mention in my last CHFJPY analysis, 1.618 fib level and the resistance level form a rather strong resistance zone and we can clearly see a rejection followed by a bearish movement. Multiple rejection off this level has been seen and no clear breakout as of now. I will see this pair moving to the support level minimally. We could even see a low BULLISH strength...
Hello all traders, we are looking at a great spot, I am excited for this next week on this pair. With the 3 black crows, and indicators point down, price can break support and confirm reversal. Goodluck traders. Trade with wisdom.
Hey tradomaniacs, welcome to a new free trading-setup. Notice: ALL TRADES today especially major-pairs are very risky ahead the ADP-Figures! CHF/JPY: Daytrade-Execution Market-Sell-Order: 116,740 Stop-Loss: 116,900 Target 1: 116,600 Target 2: 116,470 Target 3: 116,340 Stop-Loss: 16 pips Risk: 0,5% - 1% Risk-Reward: 2,48 LEAVE A LIKE AND A...
Looking for a short once this level has been broken, the trendline has been broken and price is bouncing off of the highlighted level of support Once it breaks its gonna plummet
My bias on this pair is price will drop. however the risk i take is lower than normal as overall trend is still in an uptrend. But based on the price action on the most recent data, i see a potential drop on this pair.
Hey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation for you. As always we need to wait for a confirmation! CHF/JPY: Daytrade-Preparation Note: Aggressive management as market is still choppy! Sell-Limit: 117,330 Stop-Loss: 117,710 Target 1: 117,015 Target 2: 116,780 Target 3: 116,470 Stop-Loss: 38 pips Risk:...
The CHFJPY is moving in an ascending channel, that wick indicates a possible down trend, will bounce off the support Level, than head-back in an upward direction. Please leave your comment below, what are your thoughts ?
Price is ought to break below this bearish pattern, heading further downward to the 109.750 terrain. This is a 700+ pip move!
This currency pair is currently under intense sellers pressure, finding some support above the 200MA where we could expect some healthy correction before the downtrend continuation towards previous support level. It allows the setup of a short entry with the following characteristics. The order: Type: sell-limit S/L: 30 pips - R:R | 1:3.5 - T/P: support...
Hey traders, here is the analysis of the CHFJPY short trade. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.