CHFJPY sell at market this is a trendline breakout and our take profit at support level 112.688 and stop loss placed at 116.282 goodluck.
CHFJPY make flag pattern and also break flag pattern now retest the flag pattern breakout line and possible its going down to expected target trade with care and happy trading Asad Ullah
With this pair in a bearish trend right now I am looking for a trend continuation trade. All signs still remain bearish but we've been hung up a little bit here at resistance. I am looking to enter a sell on a break of 114.96 If we can break that level we should continue to drop. I'm keeping an eye on our bearish signs to hold as I look to enter a sell
since the LH has been made im hoping that it would make the next LL in the next couple of weeks it will reach 111.8-112 area and that will be my TP level
I have posted the setup for this pair from the very beginning within the overall channel in the higher degree. The sell continues.
If we get a strong colse below the current ascending trendline we could go down for a retest of the major descending trendline. A nice quick trade I would like to take.
I see a potential bearish shark pattern completing soon. R:R at 1.8 (TP1) and 3.3 (TP2). I will update with more details if pattern completes.
Tomorrows interest rate decision on the Swiss Franc is expected to be unchanged, but is rumored to be talked down after SNB chairman repeately stating it's "significantly overvalued" and want the demand to go down. If the overvalued Franc drops in appreciation I can see it break the weekly if it breaks the neckline of the Head & Shoulders that are forming. H&S is...
CHF/JPY is currently in an important zone and a breakout to the upside would bring the currency pair higher up by about 200 pips and plus from my analysis. Always trade after your own analysis and always risk manage properly. Happy trading!
CHFJPY is currently forming a head and shoulders pattern. look for a sell entry. TP should be at 109.618 Head and shoulders will be confirmed once the next line has been broken at support zone of 112.656.
the buy structure is almost complete looking for a sell from 114.7
look for trend continuation. waiting for cypher pattern to entry. as price now in the EMA34 and EMA50 area.
After a sharp decline in the CHFJPY a bearish flag has formed. Within this appears a bearish Cypher pattern requiring an uptick for CD completion at the 78.6% level. This acts as an entry for a short trade which sees a retest of the bearish flag lower bound and breakout to the downside, seeking the 112.5 support level. Risks to this include an oversold RSI on the...