Chf-jpy
CHF JPY SELL (SWISS FRANC - JAPANESE YEN)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Don't miss the great sell opportunity in CHFJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (114.3). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 113.85
TP2= @ 113.10
TP3= @ 112.40
TP4= @ 111.80
TP5= @ 110.45
SL: Break Above R2
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Don't miss the great sell opportunity in CHFJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (114.3). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 113.85
TP2= @ 113.10
TP3= @ 112.40
TP4= @ 111.80
TP5= @ 110.45
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 do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
CHFJPY Price is retesting R2 in our bearish zone This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
CHFJPY Potential ShortPrice is reaching a very interesting position in the market where price is looking to make its direction clear whether it'll push any higher creating higher highs or respect historical data and we can expect an intense push to the downside.
CHF/JPY: GOOD VIBESHello traders!
As you can see from the chart above there are good chances to go long successfully on CHF/ JPY. The reasons are easy to understand.
First of all, RSI 14 does not look overbought.
Secondly, MACD line is crossing SIGNAL line starting a bullish momentum. Furthermore, Bearish Momentum is getting weaker and weaker, as suggested by the red histograms.
TARGET can be set in proximity of the 2nd Fibonacci Levels, drawn thanks to FIBONACCI EXTENSIONS TOOL. Please, notice that the 50 FIBONACCI LEVEL coincides with the RESISTANCE.
Then, I suggest to wait and look for a confirmation candle in order to understand whether go long or short. WATCH OUT FOR FALSE BREAKOUT!
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
Trade Idea Completed, CHFJPY, Target Price 114.004Trade Idea Completed, CHFJPY, Wedge Pattern, Target Price 114.004
CHFJPY - SWING - 23. JUNE. 2020Welcome to our weekly trade setup ( CHFJPY )!
-
1 HOUR
Bullish closure above trend turning area.
4 HOUR
Expecting a pump to 113.300, good long entries.
DAILY
Overall slowly dropping market about to turn!
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FOREX SWING
BUY CHFJPY
ENTRY LEVEL @ 112.610
SL @ 112.180
TP @ 113.290
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 Short Trade | i am not much fan of this kind of trade will use very small position
Short 113
Stop : 113.480
Target : 112. 900 , 112.500 , 112
CHFJPY - SWING - 15. JUNE. 2020Welcome to our weekly trade setup ( CHFJPY )!
-
1 HOUR
Bullish price action after taking out 112.500!
4 HOUR
Expecting more bullish pa, prices trading above main sr now.
DAILY
Overall bullish after a small pullback, turning to normal trend again!
-
FOREX SWING
BUY CHFJPY
ENTRY LEVEL @ 113.110
SL @ 112.550
TP @ 113.890
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
BULLS ARE FAVOREDThe pair can move to the upside to the previous highs at 114.500.
There is a resitance at 113.600. if the resistance is broken, then the move will start
CHF/JPY: LONG Hello traders!
MACD line just crossed above SIGNAL line -> beginning of a BULLISH UPTREND
RSI 14 is facing upwards -> does not look overbought yet
CHF/JPY price seems to be able to break the resistance line. My suggestion is to put the target price towards the second resistance.
Please, maintain proper position sizing and risk management!
Not a financial advise
Good trade!
CHF/JPY FULL ANALYSIS: Bearish wedge and Fib on the wayTECHNICALS:
The CHFJPY pair faced some resistance at the upper line of a bearish wedge which also aligns with the 61.8% Fib and a horizontal resistance level. However, the 1-hour chart shows some short-term support levels which have to break first to confirm further weakness. We'll look for a break below 111.50.
POSITIONING:
Strong bullish flows in both CHF and JPY. Asset managers are slightly more bullish on JPY than on CHF.
MARKET THEMES: Favour a weaker CHFJPY as markets shift their focus to Japan's fresh monetary stimulus.
CORRELATIONS: Slight divergence with German/JP 2y yields (Note that CHF and EUR are highly correlated currencies).
CHF|JPY There will be a fall soon!Hello, everyone. Thanks for reading.
You can sell, risk reward is good.
Thanks for reading
Dont foreget to leave a like if you liked my idea
CHFJPY. The price reaches the target, there is almost no risk.Hi traders!
Here is my analysis regarding this currency pair.
The price of May 6 was at the support level,
and since then the uptrend was supported,
and as soon as it reached a key level,
it began to grow even stronger.
The price will reach the resistance level to the level of 112.500.
The profit is not great, but the risk is minimal.
Good luck to you!
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
CHF/JPY testing the ResistanceCHF/JPY is testing the Resistance line after Ranging in the Upward channel. According to EMAs 30&60 there is no trend reversal to expect and I expect the price to rise above the Resistance.
