CHFJPY will begin it's long term uptrend as it has broken out of two long term descending trendlines and retested + pair has formed a bullish engulfer on 4-hour timeframe.
Nice setup this. After a decent push up we are expecting some retracement if not a complete reversal. CHF weakness should also help the cause. Price action is at a major level and we have seen bearish engulfing candle printed on the 4h chart. I have gone short on this and marked tp and sl for you as well. Trade safe and good luck.
Hello Traders, It appears the CHFJPY is setting up to make a pull-back to recent support. Hidden Bearish Divergence has formed on the 1D Price Chart/MACD. The MACD is quite far from the zero level as well so it has some room to move downwards. I am expecting a decline in price to around the 240-LMA. If the price closes below the triple MA's, the move may continue...
We see CHFJPY as bearish back into the 105 long term swing trade area. Will be entering this trade tonight. CHFJPY just broke its neckline of support and is retesting the zone before it makes its way to the bottom of the channel and 1.618 fib level
The price is down trending, and now it has reached the point of resistance.
Price is showing both potential and momentum to keeping selling for at least another 130 pips.
there is both ascendinf triangle on 4h chart and a bullish butterfly on daily chart. daily closing is important. blue box is the descendind triangle target. I will update the chart (butterfly tp) if it reaches the prz zone.first I open the short position first , the if it reach the blue lines I will look for a long position
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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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...
CHFJPY After reaching the topside resistance level which is 114.00 level its started falling towards 11.200 level short positions may opened at present level which is 112.336 Potential take profit will be 111.200 Stop lose may placed above 113.300
Thanks for Taking Interested in my Trading Idea. CHFJPY: NEXT SELL AREA IS READY. Dear followers, the best Gift for me is "will be your likes , comments & Share Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!
This pair is currently having a retracement. So I will be looking to enter longs around the 112.000 levels if we see candle wick rejection on the 4hr time frame. Take partial profits! 200 PIP GAIN 6/1 RR
quick 100 pips here, looking for another touch of the triple box for price to reject the 50 EMA, descending trend line as well as past structure to take a short here. 100 PIP GAIN 5/1 RR