Chfjpyidea
CHFJPY long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
CHFJPY short trade idea (ROADMAP)a rising wedge pattern gives us a short market bias but we need more evidence before placing any sell order, wait for the price to breakout the support level 1!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
CHF/JPY 5 ConfirmationsGood day, snipers. In the previous week, CHF was the strongest among the currencies and I presume that this strong move will gradually dissipate. Here in the CHF/JPY, we can see that price recently visited this minor are of resistance. Also, a trend channel is present with the same angle where price bounces off which means that we are having lower lows and now at the resistance zone of the trend channel. Also price has rejected the 78.6 Fib level. Next are indicators. RSI shows clear signs of overbought levels on the 1H and MACD also shows a trailing movement above and has come to converge. I am just waiting for a better bearish candle close. I will send the perfect entry to my students.
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CHFJPY long trade ideaPlan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
CHFJPY long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
CHF/JPY - Clear Break & Retest Of Pennant!
This pair has been ranging in between the symmetrical triangle pattern since the begining of May
Clear break & retest with bullish reaction to retest the gives me confidence in the CHF's strength against the JPY
10 + 50EMA has had a bullish crossover and are both sloping upwards showing potential bullish bias
JXY Japanese Index has been indicating weakness for the whole week, lets while SXY Swiss Franc Index gaining bullish momentum
Wait for price action to see how this fairs out!
CHFJPY technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 CHFJPY technicaly based idea, we can see price is bounce on border of support trend line and from FIBO 0.61 which is in many cases strong support, based on candels formation DOJI (bofore current) and current BEARISH ENGULFING, expecting to see higher bearish market continuation till trend line (white line).
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
SWISS FRANC / JAPANESE YEN (CHFJPY) MonthlyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.