Chfjpyforecast
CHF/JPY BUY SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
CHF/JPY: Daytrade-Execution
Buy-Stop-Order: 117,290
Stop-Loss: 117,025
Point Of Risk-Reduction: 1117,540
Take-Profit: 117,770
Stop-Loss: 27 pips
Risk: 0,5% - 1%
Risk-Reward: 1,80
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Peace and good trades
Irasor
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CHFJPY SHORTCHF/JPY recently failed to break its yearly high and has subsequently treaded lower. The failure to breach fresh yearly highs on the most recent upswing likely injected bearish undertones that may see prices fall back to an inflection area between 108.0 and 105.0 before making a renewed push higher.
CHF/JPY could SHOOT UP soon!Hey tradomaniacs,
looking at CHF/JPY we can see a retest of the previous falling-wedge which is likely to provide bullish confluence.
The current price-zone is a nice spot to buy as bulls probably use the chance to buy the pullback of this breakout-scenario.
Strong support (Look DAILY-CHART) plus previous diagonal resistance are giving us a nice entry.
First rejections are the first evidence of a continuation.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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CHFJPY SHORTAyo Fuck the US and what they think.
Swiss Banks do what the fuck they wanna do.
You think the FED are the only fucks who wanna devalue their own currency?
Difference between FED and Swiss Banks is that the Swiss Purchased APPLE with their bank money
While the FED bought FAILING US CORPORATIONS
Thats why Swiss Banks are gangster nigga
CHFJPY | Perspective for the new week60pips against us since my last publication on this pair (see link below for reference purposes); Price finally touches Y117.500 zone just like it did in August 2020 to make a Double Top structure. This was met with rejection followed by Lower Lows in the latter part of last week trading session.
Tendency: Downtrend ( Bearish )
Structure: Reversal pattern | Supply & Demand | Double Top
Observation: i. Since July 2020, price action has been caught within a channel of Supply and Demand.
ii. The appearance of a Reversal pattern since price hits Y117.500 has given rise to a risk of further decline in the coming week(s).
iii. I shall be expecting a significant Breakdown of Key level @ Y116.400 (Neckline) for a signal this week.
Trading plan: SELL confirmation with a minimum potential profit of 200 pips.
Risk/Reward : 1:3
Potential Duration: 5 to 10 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
CHFJPY - My favorite pattern.this pattern is about the mindset of a major player.
there is a buyer-seller imbalance.
I talk about this in detail in my course.
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CHF/JPY BUY SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
CHF/JPY: Daytrade-Execution
Notice: Going to keep risk low as market could continue to be volatile like yesterday..
Market-Buy-Order: 114,600
Stop-Loss: 114,215
Target 1: 114,990
Target 2: 115,230
Target 3: 115,525
Stop-Loss: 39 pips
Risk: 0,5%
Risk-Reward: 2,40
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)