Potential long setup as price reacted from a strong support zone. Waiting for pullback to get a better entry. This research is for informational purposes and should not be construed as personal or financial advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
60pips against us since my last publication on this pair (see link below for reference purposes); Price finally touches Y117.500 zone just like it did in August 2020 to make a Double Top structure. This was met with rejection followed by Lower Lows in the latter part of last week trading session. Tendency: Downtrend ( Bearish ) Structure: Reversal...
CHFJPY price made a strong bearish move rejecting a Key zone around Y116.000 to propose a possible ABCD pattern in the future. Tendency: Downtrend ( Bearish ) Structure: Retracement | Supply & Demand | Harmonic (AB = CD expectations) Observation: i. Inability of Price to break above Y117.500 in Aug & Sep 2020 has led to a Reversal pattern...
Price is making a correction in lower time frame from the rising wedge pattern, i will be taking short trade in this pair. Could have taken the trade early in the pattern with great RR but NEVER FOMO ( FEAR OF MISSING OUT ) because there is much more opportunity i can take later on. * The risk to reward shadow is just an estimate *
Good day friends. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday CHFJPY-Technical analysis ⚡️price is well below the 116.00 and key resistance level ⚡️Rising wedge formation is about to end which is a clear sign of Bearish trend ⚡️Swing target would be 114.400 ⚡️115.00 Area will act as barrier for...
OANDA:CHFJPY SELL FROM 116.807 SL-118.050 TP-113.300
Sell CHFJPY For 109.35
Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a prearation for you! As always we have to wait for a confirmation! CHF/JPY: Daytrade-Preparation Market-Sell: 117,075 Stop-Loss: 117,290 Target 1: 116,920 Target 2: 116,725 Target 3: 116,500 Stop-Loss: 21 pips Risk: 0,5 % - 1% LEAVE A LIKE AND A COMMENT - I...
CHFJPY 1H #TradingCircleStrategies #FreeSignals #TrendContinuation #FollowRiskManagement Expecting a pullback, stop loss just below the previous resistance. invest wisely. Follow Risk Management
CHFJPY just reached the top of a channel and is forming a nice bearish candle indicationg a trend reversal. My SL is 30 pips and my TP is 80 pips,
FX:CHFJPY BUY FROM 110.765 SL-110.430 TP1-111.500 TP2-112.150