CHFJPY buy on H5, forecast update !!Plan : wait for prices to bounce off 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.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Chfjpylong
CHFJPY ELLIOT WAVE PATTERN FAVORS THE BULLS!I've already explained a lot with the description on the chart!
I will be looking for a pullback to the structural level to position for a long trade in one of the biggest impulse wave, wave iii of (iii).
I will be keeping eyes on it and GJ or EJ for a possible long trade!
What's your thought about CHFJPY? Kindly let me know in the comment!
Best of luck on the charts,
Veejahbee!
CHFJPY forecast on dailyNote : CHFJPY is at an important resistance level now --> wait for breakout ;)
**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 Might continue to RangeAs per the Chart
Abbreviations;
ND=No demand
NS= No supply
DW= Demand Wave
RFSB= Resistance from Supply Bar
SFDB support from Demand Bar
SLK= Stop Loss killer
SLKB= Stop Loss Killer Bottom
DB= Demand Bar
SB= Supply Bar
EVRB= effort vs Result Bottom
My Mentors and Inspiration
Volume Analysis - Oleg Alexandrov
Money and risk Management - Dmitriy Lavrov
UF: Daily update (+100 pips in 24 hrs)See originally linked bias, chart description and predicted price action to the downside by a profit of +100 pips in less than 2 trading days thanks to the current risk-off environmental sentiment from the equity markets around the world. This can be directly attributed to both options data taken from bloomberg, looking at auction pricing for The next round of t-bills, and the over state of the political relationship between the United States of America and China.
Copyright © 2019 - Alchemy Fx
Any opinions, news, research, analysis, prices, trade discussions, or other information contained on this website are educational in nature and merely provided as a presentation of trading strategies. Commentaries made on this website reflect our own opinions and trading techniques and do not constitute investment advice.
We are not registered investment advisors.
CHFJPY LATEST UPDATE.In the name of Allah, the Most Gracious, the Most Merciful.
CHFJPY LATEST UPDATE.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
USE TP AS PATTERN.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example, you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Adil Khan.
CHFJPY has been ranging for a few days nowCHFJPY has been ranging for a few days now and it has gotten to the lowest level for the range, it's time to buy again and ride it to the top of the range.
An accurate entry price has been highlighted.
Use good money management.
If you like my analysis, please give me a thumbs up or follow me so that I can continue to post more.
All the best!
Possible trend shift in CHFJPY – going longThe Tidal Shift Strategy has just bought CHFJPY at 109.816. The system recommends entering this trade at any price between 109.705 and 109.927. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.473, which suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.089, so the stop loss has been set at 109.373. This stop loss order is a trailing stop that will move up as the market moves up. 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: 69354
Time Issued: Friday, 15 November 2019 03:00:08 GMT
Status: open
Entry: 109.705 - 109.927
Limit: N/A
Stop Loss: 109.373
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.
Past Performance is not an indicator of future results.
CHFJPY Analysis: Trendline breakout and retestHello traders, for the past several days CHFJPY has been following a trendline. It has now broken and retested it.
The price may go higher as a result of the breakout.
But currently it is at a resistance zone. We can wait and and go long/buy once it manages to break this level.
I will appreciate your views on the pair in the comment section. Hit like if you agree with the idea.
Extreme trader sentiment points to possible CHFJPY downtrend
The Trend Follower Strategy has just sold CHFJPY at 109.382. The system recommends entering this trade at any price between 109.256 and 109.508. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.508. This suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.506, so the stop loss has been set at 109.888. 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.Trend Follower is a trend trading strategy that aims to buy and hold rising currency pairs and to sell short and hold falling currency pairs. The strategy looks to buy when the Speculative Sentiment Index is below -1.5, and looks to short when it is above +1.5.
Signal ID: 68937
Time Issued: Thursday, 24 October 2019 17:00:15 GMT
Status: open
Entry: 109.256 - 109.508
Limit: N/A
Stop Loss: 109.888
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.
Past Performance is not an indicator of future results.
ORBEX: CHFJPY - Open Triangle Top Trendline Penetrated!It looks like the corrective wave (2) of the bullish intermediate degree has ended at 106.74 with an open triangle pattern formed in minor wave C of the A,B,C correction. The recent breakout outside the triangle barriers looks impulsive (as seen in minute 5-wave upside move) and fresh highs could be expected.
In the short-term, we could receive a brief pullback before continuing higher to take out minute wave (iii) near 109.40. Or, we could get there first and then receive a pullback.
Minor wave 1 is expected to end near 110.23 and as part of the intermediate impulse to the upside, minor 5 has a long-term potential above 120.00.
This opportunity would be invalidated below 108.00. A break above 109.10 and then 109.57 would be validating the longer-term outlook.
Stavros Tousios
Head of Investment Research
Orbex