Hi team, This week my analysis on CHFJPY got stopped out. A big part of trading is being able to understand where we have gone wrong, and adapt to the market. I have re-worked my analysis of CHFJPY. Zooming out to the weekly time-frame, the wave analysis actually becomes very simple. We are currently in the final (bullish) wave of this ascending channel...
Hi team See my linked post for a more detailed analysis on this pair. WE are in a lovely holding channel now, and I expect price to drop to local support AT LEAST. More money - for you - for free. You're welcome! Good luck, Trade safe DrBear
We have to go all the way back to 1980 to see the last time the CHFJPY was at current leveks which is pretty insane as have all yen cross pair moves this Year and picking tops is very risky hence waiting for the correct signal is important. Looking at the monthly charts we are now in a SUPPLY area from 1980 on daily charts we have broke out off a congested period...
Enter Short with TP1 141.347, TP2 140.407 and TP3 138.886
High Risk NOKJPY $NOKJPY Initial Long. I will not be taking this trade. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
CHFJPY price near resistance Expect a chance of price drop. Sell the red zone. Targets 141 and 140. >> GooD Luck 😊
Hello,Friends! Indecision in the market is changing Towards a well defined bearish sentiment And the price action on the lower timeframes Is clearly supporting this narratve Therefore, I think it is a goodidea to go short! Like and subscribe and comment my ideas if you enjoy them!
Sell now guys. Have a lucky trade. Sell entry stop loss above the resistance
Wait for a price action signal like a Pin Bar, Rejection Candlestick, or Engulfing Bar for a long entry.
Hello,Traders! CHF-JPY is trading in approximately The same pattern as AUD-JPY which I Described in my previous analysis That is the bullish triangle so we are Bullish biased long term, However, a local pullback and a correction Are likely to take the price to the target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
The CHFJPY has reached a Supply Zone and has formed the Triple Top pattern which gives us the opportunity to enter a short position.
✅CHF_JPY has been growing recently And the pair seems locally overbought So as the pair has approached a horizontal resistance Price fall is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
We have filled the imbalance and are now in a good range for a SELL. Confirmation on lower TF also given, created a ChoCH. Selling here could be a good trade. What do you guys think? Please like and comment what you think!
Shorting Potential: - Double top - Price has rejected major resistance. - Price came back to re-test local up trendline and rejected it. - Price rejected the 618 level. - Evening Star pattern + Now we have just closed with an engulfing bearish candle signalling a shorting potential. - Divergence in RSI on 2HR TF and slowing buying momentum signalling a change...
CHFJPY has repeatedly failed to breach the 143.3 resistance level. Recently, price broke below an uptrend line and bear candles have formed. I expect price to fall to the 139 level during the month of September. Remember to trade wisely and use proper risk management.
Hello,Traders! CHF-JPY fell sharply and is now Making a rebound from a local Horizontal support, and I think We might see a bit more upward movement But the setup is risky indeed Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello Traders! CHFJPY reached a mass psychology at 138.917 since 2015 and currently ranging above it with a corrective behavior. We might see in the long term an upside move heading towards the upper trend line at 157.000 level. I personally took my short position on CHFJPY as a hover / double top (15 mins chart) at 143.292 level. Given that the price of...