Chfjpylong
Possible trend shift in CHFJPY – going shortThe Tidal Shift Strategy has just sold CHFJPY at 112.261. The system recommends entering this trade at any price between 112.16 and 112.362. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -3.192, which suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.081, so the stop loss has been set at 112.665. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 70553
Time Issued: Monday, 10 February 2020 19:01:17 GMT
Status: open
Entry: 112.16 - 112.362
Limit: N/A
Stop Loss: 112.665
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Past Performance is not an indicator of future results.
Long term Ascending Trndline. Basic setup but on my watchlistThe green trendline is a long term trendline which has formed over multiple weeks.
I will await for the MACD to cut for longs and the short terms EMA's to cross for long aswell.
Currently I will be monitoring the 4hr and daily candle closes for any information showing seller exhaustion.
Trade safe.
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CHFJPY buy on H1Plan : wait for price to bounce off from horizontal / trendline support --> 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 like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
CHFJPY long trade update on H1Plan : wait for price to bounce off horizontal support --> 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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
CHFJPY trade idea on H1Plan : trendline breakout --> wait for prices to bounce off horizontal support --> 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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Brief analysis of CHFJPY's future trendsCHFJPY will continue to fall in the short term, with a target of 111.40-110.50. Buying is possible in this range. The rising target of 116.80-118.60 may rise to 124.50. This target is currently uncertain whether it can be reached. Follow-up proofreading will be required later.
BUY CHFJPY ENTER:110.80 (110.50-111.40) SL:109.50 TP1:116.80 TP2:118.60 TP3:124.50(Alternative target)
CHF/JPY: Follow the trend and where you can BUY!Hey tradomaniacs,
waiting for CHF/JPY to retest an area of high bullish confluence to follow the trend before I buy.
This might be a great opportunity to get a low price right at the trendchannel and horizontal support-zone.
Type: Swingtrade
Market Buy: 111,850
Stop-Loss: 110,895
Target 1: 113,045
Target 2: 113,530
Target 3: 114,320
Stop-Loss: 95.5 pips
Risk: 1.2%
Risk-Reward: 2,65
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Peace and good trades
Irasor
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UF: Plan for Risk-on this Week 00:11:39 (UTC) Tue Jan 14, 2020This will play directly with our trades this week. Risk-on will take this currency which I've already called over 170 pips of price action in just under a week, another 90 pips north. If price approaches this upside extension, it would be running into significant resistance on the longer term timeframes which is also being taken into account with the entry for this setup this week.
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00:11:39 (UTC)
Tue Jan 14, 2020
Buyin CHFJPYFrom a technical and trading perspective, CHFJPY has tested symmetry swing support sited at 110.95 this area attracted significant buying interest, resulting in a key outside reversal candle being printed as of last night's New York close. This pattern encourages a bullish posture, as price pierces 112 in a sustained fashion bulls will look to challenge offers and stops above 112.55, a close above this level would further support the bullish thesis creating an equidistant swing objective sited at 114.40