CHFJPY SELL Hi All,
Updated analysis on this pair. Further studies shows we are still very much inside an rectangle range from Dec 2013 till Date April 2021. Price Broken this range only in 2014-2015 and ever since price has been stuck inside the range with Buyer and sellers battling out. I'm on the Bearish Camp and have been since Early 2021. If our forecast is accurate then by 2022-2023 Price should test the bottom of the range and with that said we are happy to open our portfolio to trade this forecast.
Entry and Sl Marked FYI However adjustment would be necessary only when price break the range and retest the range !
Many Thanks
Chf-jpy
CHFJPY looking up 🦐CHFJPY on the 4h chart after the long bullish impulse started a retracement.
The market bounced exactly over a daily support at the 0.382 Fibonacci level and consolidate below the resistance.
According to Plancton's strategy if the conditions will be satisfied we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
CHFJPY bounce at the 0.382 🦐CHFJPY on the 4h chart after the long bullish impulse started a retracement.
The market bounced exactly over a daily support at the 0.382 Fibonacci level.
According to Plancton's strategy if the conditions will be satisfied we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
CHFJPY facing bullish pressure | 14 Apr 2021Prices are facing bullish pressure from horizontal swing low support, intersecting the ascending trendline support. Prices might push up from our buy entry to 1st resistance in line with horizontal swing high resistance in line with 100% Fibonacci extension and 127.2% Fibonacci retracement . If prices fall through buy entry, prices might take support from horizontal swing low support in line with 50% Fibonacci extension and 61.8% Fibonacci retracement . EMA is also below prices, showing a bullish pressure for prices.
CHFJPY facing bullish pressure | 14 Apr 2021Prices are facing bullish pressure from horizontal swing low support, intersecting the ascending trendline support. Prices might push up from our buy entry to 1st resistance in line with horizontal swing high resistance in line with 100% Fibonacci extension and 127.2% Fibonacci retracement. If prices fall through buy entry, prices might take support from horizontal swing low support in line with 50% Fibonacci extension and 61.8% Fibonacci retracement. EMA is also below prices, showing a bullish pressure for prices.
CHFJPY facing bullish pressure, potential for bounce!Prices are facing bullish pressure from ascending trendline support and horizontal swing low support which coincides with 50% Fibonacci retracement and 50% Fibonacci extension. Prices might push up towards 1st resistance which is in line with -27.2% FIbonacci retracement and 78.6% Fibonacci extension fibonacci confluence area. If prices fall through 1st support, prices might take support from 2nd support which is in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension. Ichimoku cloud is also below prices, giving a bullish pressure for prices.
CHFJPY facing bullish pressure | 8th Apr 2021Prices are facing bullish pressure from horizontal swing low support, 61.8% FIbonacci retracement and 127.2% Fibonacci extension . Prices might push up towards 1st resistance which is in line with horizontal swing high resistance and 78.6% FIbonacci extension . If prices fall through ascending trendline, prices might take support from 2nd support which is in line with swing low support, 78.6% FIbonacci retracement and 161.8% Fibonacci extension . The Ichimoku cloud is also below prices, showing a bullish pressure for prices.
CHFJPY facing bullish pressure | 8th Apr 2021Prices are facing bullish pressure from horizontal swing low support, 61.8% FIbonacci retracement and 127.2% Fibonacci extension. Prices might push up towards 1st resistance which is in line with horizontal swing high resistance and 78.6% FIbonacci extension. If prices fall through ascending trendline, prices might take support from 2nd support which is in line with swing low support, 78.6% FIbonacci retracement and 161.8% Fibonacci extension. The Ichimoku cloud is also below prices, showing a bullish pressure for prices.
CHFJPY facing bullish pressure, potential for bounce!Prices are facing bullish pressure from horizontal swing low support, 61.8% FIbonacci retracement and 127.2% Fibonacci extension. Prices might push up towards 1st resistance which is in line with horizontal swing high resistance and 78.6% FIbonacci extension. If prices fall through ascending trendline, prices might take support from 2nd support which is in line with swing low support, 78.6% FIbonacci retracement and 161.8% Fibonacci extension. The Ichimoku cloud is also below prices, showing a bullish pressure for prices.
CHFJPY - Short IDEA - (New Trader, do your own analysis)Hi,
I have been following this pair for a while. It has hit a main resistance line on a 4HR chart and had a few confirmations of engulfing candles and bearish candle patterns.
The current candle patter on a 15min timechart has created a trend which has broke and retested at a 0.5FIB level ready for a sell.
Currently still learning so let me know what you think/any improvements!
Dawid
CHFJPY on a channel break 🦐CHFJPY after the bounce over the support area started an impulse inside an ascending channel.
The price is now testing the lower and according to Plancton's strategy if the market will break below we will set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
CHFJPY an inversion at the 0.382 🦐CHFJPY after the sharp rejection by the 118 level moved into a bearish impulse until the 116 area.
The market has been moving into a wide range and looks for a direction.
Now the price is testing the 0.382 of the previous impulse and according to Plancton's strategy if the price will break below we can set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
CHFJPY turns into a bearish set up 🦐CHFJPY after the harp rejection by the 118 level moved into a bearish impulse until the 116 area.
The market has been moving into a wide range and looks for a direction.
According to Plancton's strategy if the price will break below the weekly support we can set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
SNEAK PEAK ON TODAYS ANALYSIS Hi guys, due to our lack of activity on trading view lately we've decided that we will reward everyone with a glimpse into todays live trade. This position was executed this morning and is currently retesting our resistance zone. We are hoping to see price retest this area and then carry on in a bearish momentum to reach our Take profit target at 115.366.
Enjoy guys