It is a good time to short this, it has reached resistance and is ranging in a channel.
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.
Possible W formation on the way. If the support holds, I’ll be looking to buy back to the last major resistance.
FX:CHFJPY CHFJPY Sell Limit 117.160 Stop Loss: 117.305 Take Profit 116.350
Hey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you. As always we will have to wait for a conformation! CHF/JPY: Daytrade-Preparation Market-Buy: 116,450 Stop-Loss: 116,190 Point Of Risk-Reduction: 116,720 Take-Profit: 117,025 Stop-Loss: 26 pips Risk: 0,5% -1% Risk-Reward: 2,22 LEAVE A...
Inversion on multiple bottom pattern R/R = 2:1 TP1 = 25 pips TP2 = 50 pips
Seeing some bullish candles at support so I am going long and targeting previous Daily resistance.
Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: CHFJPY is sitting around strong resistance in green so we will be looking for sell setups on lower timeframes. on H4: CHFJPY formed a head and shoulders pattern in orange. Trigger: Waiting for a momentum candle close below the gray neckline to sell. The head and...
CHFJPY looks like it can possibly go up from the previous downtrend. The target is around a 1:2 risk to reward ratio.
CHFJPY BULLISH BAT PATTERN Market Buy Order Set Up. Buy Entry: (116.347) Min Take-Profit: (116.627) Max Take-Profit: (116.874) Stop-Loss: (116.070) Max Risk-Reward: (1.90) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
Type 1 is over,price returns to retest hsi at HOP level for type 2 entry
CHFJPY Technical Analysis and Trade Idea