Chfjpyanalysis
CHF/JPY BUY SIGNAL Hey tradomaniacs,
welcome to another free trading-setup.
CHF/JPY: Daytrade-Execution
Buy-Stop-Order: 116,825
Stop-Loss: 116,615
Point Of Risk-Reduction: 116,980
Take-Profit: 117,220
Stop-Loss: 21 pips
Risk: 0,5% -1%
Risk-Reward: 2,0
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Peace and good trades
Irasor
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CHF/JPY Analysis Jan. 24, 2021Welcome back! Please support this idea with a LIKE if you find it useful.
** If price breaks key weekly resistance, it may rise to the 1860 resistance level.
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CHF/JPY SELLThe market has been ranging since December 2020. In which the price failed to break above the major resistance level (shown by the green square) multiple times since 2016, making it highly unlikely for the price to break this level.
Due to the possible double bottom being formed I expect the price to test the major resistance level, then fall until it reaches the monthly support level shown by the yellow square.
CHFJPY Long SetupPotential long setup as price reacted from a strong support zone. Waiting for pullback to get a better entry.
This research is for informational purposes and should not be construed as personal or financial advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
CHF/JPY BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a conformation!
CHF/JPY: Daytrade-Preparation
Market-Buy: 116,450
Stop-Loss: 116,190
Point Of Risk-Reduction: 116,720
Take-Profit: 117,025
Stop-Loss: 26 pips
Risk: 0,5% -1%
Risk-Reward: 2,22
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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CHFJPY Falling From Here...Currently, we are seeing a doji candle at the resistance level @116.55. I am expecting tomorrow's candle to be strong enough to engulf this doji candle brining CHFJPY towards the downside. As we can see 117.62 resistance level is still strong with price rejection at that level. This also formed a double top pattern giving us additional BEARISH signs. I have identified the demand zone where I potentially see price testing this zone.
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CHF/JPY has met resistanceCHF/JPY is at historical big resistance so do not expect this to break it. This past week it has rejected off this resistance and I would expect it to continue down to test the daily support at 116.20. JPY is very strong at the moment so it could easily break this support. Short term target is 0.5 Fib which is 115.765. Longer term target could see this retest previous resistance around 114 level. In the past when it has rejected this level it has fallen to 109-107.
CHF/JPY BUY SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
CHF/JPY: Daytrade-Execution
Buy-Stop-Order: 117,290
Stop-Loss: 117,025
Point Of Risk-Reduction: 1117,540
Take-Profit: 117,770
Stop-Loss: 27 pips
Risk: 0,5% - 1%
Risk-Reward: 1,80
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
CHFJPY SHORTCHF/JPY recently failed to break its yearly high and has subsequently treaded lower. The failure to breach fresh yearly highs on the most recent upswing likely injected bearish undertones that may see prices fall back to an inflection area between 108.0 and 105.0 before making a renewed push higher.