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.
Chf-jpy
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.
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_____________________________________________________________________
#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.
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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
Possible trend shift in CHFJPY – going short SELL
112.776 - 113.266 Add to Watch List
Signal ID: 70720
Time Issued: Monday, 24 February 2020 20:00:15 GMT
Status: open
Entry: 112.776 - 113.266
Limit: N/A
Stop Loss: 113.999
The Tidal Shift Strategy has just sold CHFJPY at 113.021. The system recommends entering this trade at any price between 112.776 and 113.266. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -2.117, which suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.196, so the stop loss has been set at 113.999. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Time to short after a huge upwards rally?I rode the uptrend of this pair from the previous support of 111.843, and sold it at the doji at the top. The next session forms a 'dark cloud cover' which signals a bearish reversal. The following dojis suggest unclear signals, hence i waited for a confirm of a bearish reversal. MACD is also showing signs of slowing momentum and a potential crossover. Stochastic also shows that this pair is overbought, and may drop is price soon. One may wait for confirmation from the crossover of the MACD, but the current red candle is sufficient to tell that sentiments are bearish right now. While this is a potential trading setup, it is possible that this is just a small pull back before reaching for higher highs.
To optimize your entry points, use the 1 hour chart to check for pull backs to prevent unfavorable entries.