CHFJPY ready for the next bull move 🦐 CHFJPY is moving inside an ascending channel.
The price after the bounce over the lower trendline at the 0.5 Fibonacci level is testing the resistance structure.
According to Plancton's strategy, if the condition will be satisfied, we can 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.
Leave a comment that is helpful or encouraging. Let's master the markets together
Chf-jpy
CHFJPY: Important Bearish Breakout!
CHFJPY is trading within a wide horizontal trading range on 4H.
Last week its resistance was reached and the price was coiling for a couple of days on that with multiple rejection.
Today the price has broken a support line of a rising wedge pattern and it is a very strong bearish clue.
Now bearish movement is highly probable.
Goals:
116.65
116.2
Please, support this idea with like and comment!
CHFJPY on a range trading 🦐CHFJPY is moving inside a range.
The price after the last impulse tested the 0.618 fib level.
According to Plancton's strategy, if our condition will trigger, we can 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.
Leave a comment that is helpful or encouraging. Let's master the markets together
CHFJPY - SWING - 04. JANU. 2021Welcome to our weekly trade setup ( CHFJPY )!
-
1 HOUR
Bullish price action and pullback instantly.
4 HOUR
Closure above main sr level.
DAILY
Expecting more upside, good long entries!
-
FOREX SWING
BUY CHFJPY
ENTRY LEVEL @ 116.600
SL @ 116.210
TP @ 117.150
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
CHFJPY a short move 🦐CHFJPY after retracing until the 0.618 of the previous leg started a bearish move.
The market is now testing the support area around 116.450.
If the price will move below, according to Plancton's strategy we can consider 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.
💡 Don't miss the great buy opportunity in CHFJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (116.62). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CHFJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 117.25
TP2= @ 117.45
TP3= @ 117.75
TP4= @ 118.15
TP5= @ 118.55
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in CHFJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (116.62). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CHFJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 117.25
TP2= @ 117.45
TP3= @ 117.75
TP4= @ 118.15
TP5= @ 118.55
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
CHFJPY testing a 4h support 🦐CHFJPY is now testing the 0.382 fib level over a 4h support.
The price is moving since the last high in a descending channel.
IF the price will break and close below the structure, we can set a nice short order according to Plancton' strategy.
--––
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
CHFJPY testing a trendline 🦐CHFJPY after hitting the recent highs at the weekly resistance couldn't break above.
The price moved over an ascending trendline and created a head and shoulder formation.
IF the market will break below the trendline we will set a nice short order according to Plancton's strategy.
--––
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
💡Don't miss the great sell opportunity in CHFJPYTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (117.40).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in a downtrend and the continuation of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 24.
Take Profits:
TP1= @ 116.65
TP2= @ 116.35
TP3= @ 116.00
TP4= @ 115.35
TP5= @ 114.70
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in CHFJPYTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (117.40).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in a downtrend and the continuation of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 24.
Take Profits:
TP1= @ 116.65
TP2= @ 116.35
TP3= @ 116.00
TP4= @ 115.35
TP5= @ 114.70
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
CHFJPY, Long M15 Cup & Handle pattern.If break upper line...In M15, the Cup & Handle pattern was complete.There is a +H Divergence now,so If price can break midel line of Fork, will go to upper line of Fork & after that: if break it too, will can go up til top of vertical line & maybe Resistance line(red line in 117.869).
Notice: Pay attention to the dashed lines and be careful of them.
When the position is suitable for entry, I set the entry and SL & TP points.
Good Luck
CHFJPY testing the channel 🦐CHFJPY is moving inside a descending channel.
The price after bouncing over the 114 level created a nice bullish leg.
IF the price will break above the 114.750 level we can set a nice long order according to Plancton's strategy.
--––
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
CHFJPY - SWING - 23. NOVE. 2020Welcome to our weekly trade setup ( CHFJPY )!
-
1 HOUR
Bullish reaction after a bearish run.
4 HOUR
Expecting futher bullish price action..
DAILY
Overall strong waving market structure, good long entries!
-
FOREX SWING
BUY CHFJPY
ENTRY LEVEL @ 114.230
SL @ 113.810
TP @ 114.880
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN