Chfjpyforecast
Jamie Gun2Head: Sell CHFJPYTrade Idea : Selling CHFJPY
Reasoning: Broken out of consolidation pattern to the downside - looking for this to be extended
Entry Level: 133.72
Take Profit Level: 132.51
Stop Loss: 134.12
Risk/Reward: 3.02:1
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CHFJPY | CHANNEL BROKEN !! SELL!!CHFJPY | CHANNEL BROKEN
CHFJPY has been trading in bullish parallel channel and recently it has broken the channel and trading below it. We are expecting the continuation of bearish trend from here and one can adopt sell on strength strategy from here.
Trade your levels accordingly.
CHFJPY | New PerspectiveIt has been strong bullish momentum in the last couple of weeks and it appears we might be heading for a retracement in anticipation of a trend continuation to the upside. In this regard, we are hoping to take advantage of a counter-trend opportunity if it finally happens. A reversal pattern is identified on the 1H time frame and a signal is confirmed considering the broken neckline. At this juncture, it is advisable that we wait and see how the price reacts to the neckline.
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Past performance is not necessarily indicative of future results.
CHFJPY LONG - Buy Entry - H4 ChartCHFJPY LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: CHFJPY
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Last High Resistance @ 134.605
Resistance @ 133.419
Support @ 131.607
Support @ 131.022
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CHFJPY BULL RALLY SMASH TARGETAfter 1 year 6 months, CHFJPY smash target of 1,400 pips, and in total, 3 positions was taken with 3 different target of overall pips of 2,450.
Wealth is quiet, less is more to what i have to say on this analysis, if you are seeing this, i want you to know you can truly become a successful forex trader if you have the right coach...
cheers to CHFJPY its great to actually smash target, first it seem impossible and with time, it just feels great trusting your analysis.
Initial Signal from SEPTEMBER 2020
‼️BUY STOP ‼️
CHFJPY
ENTRY: 117.000
TP1: 120.500 (350)
TP2: 124.000 (700)
TP3: 131.000 (1,400)
TOTAL PIPS: 2,450
TRADE WITH PROPER RISK MANAGEMENT
I am forever STUCKINPROFIT
CHF/JPY GETTING READY FOR THE CREATION OF THE NEXT HIGHER HIGHMonthly
The price is currently creating higher highs and higher lows. We could expect a creation of a new higher high.
Weekly
The situation is the same as monthly time frame. The price is creating higher highs and higher lows. The price is getting ready to create a new impulse.
Daily
The price was creating lower highs and lower lows. Currently the price is creating a higher lows. The price is now in confluence with monthly and weekly. We could expect the creation of a higher high in the weekly time frame.
CHFJPY, which Safe Haven currency will be stronger?Hi Traders,
With the on going situation happening between Russia and Ukraine, investors seem to be turning to safe haven currencies as tensions escalate. Looking at the current price action, we can still see many bearish developments with indication more downside is possible. We may get another touch at the top of the ascending channel that price is currently moving within, however we may start to drop as JPY seems to be gaining momentum as this past week closed off.
Be patient and follow your trading plan, don't get trapped in the corrective phase.
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Trade safe!
CHFJPY BULL'S ARE IN CONTROLL! {10/02/2022}Educational Analysis says CHFJPY may go LONG. According to my technical.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why long?
On 4HR AND 1HR timeframe pair is making HIGHER HIGH AND HIGHER LOWS.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS
HOW TO TAKE ENTRY ON THIS?
On 15 min timeframe, pair broke the small trendline and price push towards also pair is making higher high and higher lows, confirmation also broken the previous resistance.
ENTRY :- 125.162
STOP LOSS:- 124.890
TAKE PROFIT :- 125.590