Chfjpyforecast
CHF/JPY showing bearish price action at the resistance levelCHF/JPY is currently struggling to overcome the resistance at 122.50 area.
The last few candlesticks on the 4H chart indicates some bearishness.
So, based on this bearish price action, traders can consider selling the the resistance
with initial target as shown by the arrow marked in my chart.
CHFJPY long trade idea Daily chart in a bullish trend
H4 chart - initiated bullish trend and had retraced to 50% fib level, rejecting from a previous level of resistance (H4 projection projection -27% fib level)
30m chart - Break of resistance creating a new high after a double bottom, was waiting for a retracement for to the 38.2%or 50% fib level, however started ranging between 0 and 23.6% and broke the resistance level, entering on the retest of this level as support to try and take at least to previous H4 resistance.
CHF/JPY BUY IDEAHey tradomaniacs,
welcome to another trading-setup!
Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation!
CHF/JPY: Daytrade-Preparation
Market-Buy: 121.700
Stop-Loss: 121.540
Point of Risk-Reduction: 121.850
Take-profit: 122.350
Stop-Loss: 16 pips
Risk: 0,5% -1%
Risk-Reward:4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
CHF/JPY BUY SIGNALHey tradomaniacs,
welcome to another trade-setup!
CHF/JPY: Daytrade-Execution
Market-Buy-Order: 121.025
Stop-Loss: 120.690
Point of risk-reduction: 121.390
Take-Profit: 122.230
Stop-Loss: 34 pips
Risk: 0,5% - 1%
Risk-Reward:3,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
CHF/JPY SELL 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 confirmation!
CHF/JPY: Daytrade-Preparation
Market-Sell: 119.445
Stop-Loss: 119.885
Point of Risk-Reduction: 119.040
Take-Profit: 118.130
Stop-Loss: 44
Risk: 0,5% -1%
Risk-Reward: 3,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
CHF/JPY BUY SIGNALHey tradomaniacs,
I`m finally back and able to trade myself.
Hey tradomaniacs,
welcome to another free trading-setup.
CHF/JPY: Daytrade-Execution
Buy-Stop-Order: 117.960
Stop-Loss: 117.740
Point of Risk-Reduction: 118.200
Take-Profit: 118.620
Stop-Loss: 22 pips
Risk: 0,5% -1%
Risk-Reward: 3,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
CHF/JPY could move up!Hey tradomaniacs,
looking at CHF/JPY we can see how price currently re-tests a very important support-zone in the daily-chart and the bottom of the current trendchannel-.
A rejection at this level could cause great bullish confluence and momentum!
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 BEARISH FORMATION !As we can see chfjpy has hit Demand area
and also we see the corrective movements from chfjpy
i expect chfjpy will go down to test his support as well
we still waiting for bearish flag on lower timeframe (15 minutes - 1H) to find confirmation
however this scenario can be fail if chfjpy broke resistance
set your own risk
and dont forget to wait for confirmation