Chfjpybuy
Cypher Pattern on CHFJPY. Long again?Hey guys,
unfortunately we're taking out at breakeven the second position of our previous trade (see attachment). But that doesn't mean we'll be out of this market for long; in fact, we've already found another opportunity to enter this market, hoping in a continuation of this upward trend (that's now in consolidation). As long as we see prices above X i'll be look for long opportunities because the daily chart is still pointing higher. Therefore this could be another way to enter a trade on the overall trend direction, and you can use this information to move your second target (first would be as usual for harmonics, 382 of AD) at the highest point of this recent channel.
Order's set.
If you have any question/idea, you can comment down below.
Otherwise, see you in the next chart!
CHF/JPY - 100 Pips + Long OpportunityIf the support keeps holding, then the next TP could be 100 pips+ higher.
This could definitely be a continuing pattern. For more confirmation I would suggest to wait 12 more hours.
Always invest after your own analysis and money manage properly!
Happy Trading!
Buy CHFJPY Longterm Based on H1, H4 + D TimeframesThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
CHF/JPY - 200 Pips + Long OpportunityCHF/JPY is currently in an important zone and a breakout to the upside would bring the currency pair higher up by about 200 pips and plus from my analysis.
Always trade after your own analysis and always risk manage properly.
Happy trading!
Break-Out Buying for CHF/JPYThis pair is inside a short range and for me, the range is nothing but a "Bull Flag" on the Daily. Hope a massive bullish rally is waiting but for now we have a small bullish opportunity on this pair. I will wait for the price to break the pink tread-line (as shown in chart) to the upside to take a long position.
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CHFJPY longEntires @ 0.382, 0.500, 0.618 retracements of previous swing high (based on risk preference)
Stops @ new low + trendline break (invalidation point)
Targets @ 0.500 retracement of major previous downswing
There is 3 failed tests @ 0.382 before but the newest high put the setup back in to play. Exhaustation signs in the current range should be monitored closely.
Constructive comments are welcome
CHFJPY and the attack on 114CHFJPY is still in an upwards wave. Currenctly it shows a small correction/retracement from the gap
up after the french election, dont be fooled by this bear trap.
Indicators show theres anough bullish strenght left. I am not suprised if it will go up till atleast
114 the next 2 weeks.
CHF/JPY - 100 Pips OpportunityIt's possible CHF/JPY may extend it's gains by 100 more pips if it holds the support level.
As always, make your own analysis before investing as well as money manage properly.
Happy trading! FX_IDC:CHFJPY
.786 Fib Retracement CHF/JPYPull back from high of candle down to .786. Looking for a retrace back to the upside.
Long at the .786 Fib.
TP beyond high of pullback to level of structure on high time frame.
SL below 110.362
Potential Price Action Reversal on CHF/JPYCHF/JPY Daily
Looks like price has been stalling around the 110.500 support level. Look for possible Reversal up to .618 Fib where there seems to be several bounces from previous resistance.
CHFJPY 4H TECHNICAL ANALYSISWe see the price moving up to 113.
We will further elaborate the idea on lower time frame charts
CHFJPYPossible long setup.
If it don't break fibo levels, you can enter long positions.
If it break 112.91 don't open position.
Bullish Gartley Long opprotunity (short term ) Buy at 112.45 - 52 area 1st tp is 113.10 and 2nd tp is 113.75 SL IS 112 ,, Gartley pattern complete at D point 112.47 -55 level and then buy
CHFJPY shorterm positionThe market is trading just below a trend line (the centre of the channel) dating back to the 3rd of the month. Momentum has been holding below the .3899 level. A break of the .3899 on momentum and the centre line of the channel on the market price will open up a long position aiming for the 114.20 area.
long CHFJPY @ 60 min @ trading capability for this 51st week `16This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
CHF/JPY, DAY CHART, LONG (11-DEC-2016)Note:
This pair already break the current support zone
at 112.x area.
Recently there is a pullback sit on support zone
and a bullish signal appeared! It is a 2B Reversal.
We are BULLISH on this pair
There are 2 ways to trade:
1. Long this trade now with R/R of 1:1 for TP1 a
nd R/R of 1:2.8 for TP2.
Or can use H4 or H1 chart to buy at dip
2. Wait the price fall back to the support zone.
Long this trade when there is a bullish signal appeared.
Can trade with right lot size.
And it is a less risk high return trade!
Caution on the CHF Libor Rate on Thursday. Volatility is expected!
Fundamentally, JPY is still weak among most of the positive outlook on economy.
TP1 can put at the next resistance zone and TP2 can put at next next resistance zone.
Trade with right risk management and psychology skills :)
