CHFJPY technicaly based forecast
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💡 CHFJPY technicaly based idea, technicaly indicators showing we can expect higher bulish market continuation, we can see good bulish candels formation, expecting to see push in price till support (white line).
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Chf-jpy
CHFJPY: Bullish, targeting 112.240 Hi guys,
CHFJPY broke a couple of hours ago a structure to the upside suggesting it could go higher.
We are above the daily pivot line and above the Ichimoku cloud.
I am long, targeting the median line at around 112.240.
Trade with care and at your own risk.
Cheers,
Jesse
BRAVO SIX GOING LONGWait i'm going long for once? very good r/r. Trend lines were made on the daily time frame. 111.000 is a very strong support zone.
BOILING!All I seem to be doing is shorting atm lol!.
I believe we will have one more push to 114.200 before we see the real drop! a nice big wick up to wipe out all the people that have already moved stop losses to break even maybe?. There is lovely amounts of liquidity in the top zone but for me we haven't touched that 114.200 which has easily been met before in this month and last month too. I only enter upon optimal entry. I'd rather sit back and watch it play out rather than enter now.
Very tight trading channel! we have seen this pattern across most JPY pairs this week which have now broken out and fallen below, just check my other jpy trades I took this week. This pair could just be lagging as they are both seen as safe heavens during times like these but I do believe this pair will follow what eurjpy and usdjpy have done.
S/R zones look good! very tight rising wedge looks goood and the magic fib all looks good too!
#Analisa CHFJPY Naik#Analisa CHFJPY Naik
Selengkapnya bisa dilihat pada chart
Jangan lupa untuk share ke rekan traders yang lain untuk saling berbagi analisa dan pandangan terhadap pasar.
Tradevelling
Trading jalan, kita jalan jalan
Disclaimer tanggung jawab di serahkan kepada masing masing individu
_____________________________________________________________________
#Analisa CHFJPY Naik#Analisa CHFJPY Naik
Selengkapnya bisa dilihat pada chart
Jangan lupa untuk share ke rekan traders yang lain untuk saling berbagi analisa dan pandangan terhadap pasar.
Tradevelling
Trading jalan, kita jalan jalan
Disclaimer tanggung jawab di serahkan kepada masing masing individu
_____________________________________________________________________
CHFJPY SHORT TRADECHFJPY rejected after retesting broken major uptrendline
Price is based below supply zone at level
113.25 and SMA 100
on short term pair is in downtrend
MACD shows weakness in bullish momentum
RSI broke uptrend
It's expected for coming bearish wave to target first key level at 111.32
then target second key level at 110.21
CHFJPY ANALYSIS possible 400pips short!Looking for a continuation down here! This pair has been moving up since oct '19 and found resistance at 114.20 making a double top pattern! Right now price is on 111.80 support zone and we will be looking for price action to confirm that will continue to drop, that would confirm a possible new down-trend! On the other hand if price fails to break this level, we will enter long looking for that last higher!
What do you think?? If you like this analysis dont forget to hit the like button!! Also, leave a comment with your thoughts!
CHF/JPY - BULLISH FLAG -BUYPOTENTIAL TRADE: CHF/JPY
I am looking to enter Long on this currency pair for the following reasons:
- Flag pattern is evident.
- Price is trading above the floor, which indicates the uptrend is still intact.
- Trend-line support is present.
- Potential triple bottom before impulse to break highs.
If you found this idea useful, leave a like and follow me for more analysis and trading signals.
If you have any questions, feel free to ask in the comment question. I respond to all comments!
You must always use correct risk management when following any analysis. This is just my view, I am not regulated!
Happy Trading!
CHFJPY SHORT TRADECHFJPY rejected from SMA 100 on H1 frame
and 50 % Fibonacci level of preceding bearish wave at level 113.48 with confirmation of pin bar candlestick pattern
Pair is based below key level at 113.47
MACD shows weakness in bullish momentum
RSI broke uptrend
It's expected for coming bearish wave to target demand zone at level 111.72