Chfjpyanalysis
CHFJPY is due a sell offlarge trading structure similar to EURJPY is being respected, we could expect a break of this structure to the lower side in the long run.
CHFJPY: Broadening formation Pattern. Thanks for Taking Interested in my Trading Idea.
CHFJPY: Broadening formation Pattern.
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CHFJPYCHFJPY
For the past one month CHFJPY pair is trading in a narrow range of around 100 pips
We can expect the breakout as its further narrowing the channel
Suitable short positions may open at this level 112.500 which is also a 23.6% Fibonacci
And the potential take profit will be 110.500
Stop lose may placed above the top side resistance level which is 113.050
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CHFJPY is trading in Rising channelCHFJPY
After reaching the topside resistance level which is 114.00 level its started falling towards 11.200 level
short positions may opened at present level which is 112.336
Potential take profit will be 111.200
Stop lose may placed above 113.300
chfjpy trade setupconfirmed dragon pattern and unconfirmed double top. stop must be over the resistance zone with 30min candle close
CHFJPY potential bounce!
CHFJPY expected to reverse up to 1st support at 110.666 where it could potentially react and bounce to its resistance at 1st resistance at 111.645.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CHFJPY potential reversal!CHFJPY expected to rise up to 1st resistance at 111.623 where it could potentially react off and drop down to 1st support at 110.880.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CHFJPY long, bullish setup with 2 scenarios!Plan : resistance level or structure breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
CHFJPY, double top, ascending triangleCHFJPY is in ascending triangle. The price made a double top and broke out of the trend line. The pair should go down and make another touch on ascending triangle.
CHFJPY: NEXT SELL AREA IS READY.Thanks for Taking Interested in my Trading Idea.
CHFJPY: NEXT SELL AREA IS READY.
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Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!
CHFJPY potential reversal!
CHFJPY expected to rise up to 1st resistance at 112.440 where it could potentially react off and drop down to 1st support at 112.071.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CHFJPY potential bounce!
CHFJPY expected to reverse up to 1st support at 112.128 where it could potentially react and bounce to its resistance at 1st resistance at 113.018.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CHFJPY has reached resistance, possible dropAs indicated in the chart, CHFJPY has reached resistance. So, if Japanese Yen starts gaining strength, CHFJPY could drop to the levels as indicated in the chart.
CHFJPY short trade ideaPlan : wait for price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
