Chfjpybuy
FREE ANALYSIS ON CHFJPY - time for the bearsFREE ANALYSIS ON CHFJPY
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15 Min
Bearish Momentum found here. Price below all 3MA's.
1 HOUR
Price has just broke down the trendline and also tested it again. We can also see price breaking down off the MA 200 also. Expecting further down on this pair
4 HOUR
We are currently seeing a retracement of the recent bear run which started 30th June. Price broke down the 27day MA and the 100 MA's. Price did test the 200 MA and was rejected. we are now expecting price to test and break this MA 200 level for further bearish momentum.
OVERALL
Expecting more sell. see chart for TP expectations.
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CHFJPY approaching resistance, look out for potential reversal!
CHFJPY is approaching its resistance at 109.564 where it is could reverse down to its support at 109.145.
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FREE ANALYSIS ON CHFJPY - 26/06/19Welcome to @SiriusTrading, Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and dont forget to LIKE :)
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30 Min
This time Frame is supporting a bearish move. Price could test previous top before continuing down
2 HOUR
We are seeing a correction of price from the previous bearish move which started 12th April. Also Price is testing the Fib retracement level of 61.8%
4 HOUR
Bearish and its imminent. Thou Price is above WMA100, EMA150 and MA200 which could suggest a bullish move, i am still expecting a move down. wait for break in black line before joining in. 2 types of bearish divergence also found.
OVERALL
Expecting Price to drop
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Thanks for reading
See previous analysis
Please share your thoughts and views on my analysis and don't forget to like it and share with others.
CHFJPY FOR THE BULLS CHFJPY is currently looking good for a bullish move. In my previous mark up, i mentioned i would be keeping an eye on how price reacted around a daily timeline i plotted. ( I have attached that mark up below) As you can see, price broke above that trendline and continued to move higher until we reached a point of resistance where price as i would see it retraced. I marked the 50% retracement level with the grey horizontal line where we may see price move higher toward our take profit marked at the green line.
Always note that as price moves i.e retraces more to 0.618 the take profit would be adjusted accordingly and this is the case with all my mark ups.
Grey line- Entry
Green line - Take profit
Red line - Stop loss
Risk per trade - 1%
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CHFJPY (Swiss/Japanese Yen) LongAs we can see in my chart, market has reached a support line as historically shown if you look left, we've touched this area many times and market has gone back up from here but be aware that market may decide it still wants a bit more down before going up. Enter and exit at your own risk.
DISCLAIMER
Please note that this chart is an opinion based chart only. Please trade at your own risk
CHFJPY - SWING - 08. MAY. 2019WELCOME TO DACAPITAL-TRADING!
CHFJPY FOREX BREAKDOWN 08 MAY 2019
1 HOUR
Found a support right now, we need a market turn!
4 HOUR
Bearish market for a couple of days turning bullish now.
DAILY
Strong Support can hold right now, looking for upside momentum!
SWING SETUP
BUY CHFJPY
ENTRY @ 108.200
SL @ 107.610
TP @ 111.200
RR: 5.10
(Use normal Risk!)
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Trump at it again....We are looking for price to enter our support zone ( red box ) before price bounces and makes bullish movement up to our resistance zone ( green box )
There was a big gap at market open and these gaps 90% of the time get filled, this gap was caused by Mr Trumps weekend antics with China.
If you need any help then just message us.
BUY CHFJPY ON 3OMAnticipating shift in trend upwards as price action demonstrates a strong momentum swing up. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
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