all in the chart I have higher confidence than usual in this trade setup so I take higher risk (= larger position size) with this trade as always, good luck!
As we can see,CHFJPY is moving in a channel 1 Hour time frame, it failed to break the top trend line, it may retest the support level before an up trend (Retesting the top trend line again) Thank you,
Pattern: Channel Up on 1D. Signal: (A) Bearish as long as the price trades within the pattern, being just below the Higher High trend-line, (B) Bullish if it breaks above. Target: (A) 111.000 (just above the lower Support), (B) 118.000 (Just below the Sept 2018 Resistance). ** Please support this idea with your likes and comments, it is the best way to keep...
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- Below Supply zone - after trendline breakout - wait for sell confirmation
ENTRY @112.599 STOP LOSS @113.744 TAKE PROFIT @109.748 TRAIL @113.744
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The price is down trending, and now it has reached the point of resistance.
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
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CHFJPY Trading Plan BUY - Riks Reward 1:3
Thanks for Taking Interested in my Trading Idea. CHFJPY: Broadening formation Pattern. Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!
CHFJPY For the past one month CHFJPY pair is trading in a narrow range of around 100 pips We can expect the breakout as its further narrowing the channel Suitable short positions may open at this level 112.500 which is also a 23.6% Fibonacci And the potential take profit will be 110.500 Stop lose may placed above the top side resistance level which...