CHFJPY approaching resistance, potential drop! CHFJPY is approaching our first resistance at 115.27 (horizontal pullback resistance, 23.6% Fibonacci retracement, descending channel resistance) where a strong drop might occur below this level pushing price down to our major support at 113.32 (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension).
RSI (89) is seeing a bearish exit and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Chfjpylong
CHFJPY - LONG POSSIBILITYTHIS CHART RESPOND TO ALL MY PERSONAL CRITERIAS - PRICE HERE IS ON A RETRACEMENT ZONE + SUPPORT + 2 TRENDLINE + BULLISH HARMONIC PATTERN + YOU CAN WAIT FOR PULLBACK CANDLE FOR STRONGER CONFIRMATION TO BUY // PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
CHF/JPY Potential bounce off support There is potential for a trend continuation in this pairing. Wait for the price to show signs of a bounce off the support and then look to make an entry.
This is not trade advice, simply throwing ideas out there. Good luck and remember to use risk management carefully to reduce potential losses.
CHFJPY Approaching Support, Potential For A BounceCHFJPY is approaching its support at 115.29 (100% Fibonacci extension, 38.2% & 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 116.28 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 7.8% where a corresponding bounce could occur.
CHFJPY Approaching Support, Prepare For A BounceBuy above 115.29.
Stop loss at 114.71.
Take profit at 116.28.
Reason for the trading strategy (technically):
CHFJPY is approaching its support at 115.29 (100% Fibonacci extension, 38.2% & 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 116.28 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 7.8% where a corresponding bounce could occur.
CHF/JPY, ready for fifth waveHi guys,
CHFJPY looks ready for his fifth wave. The last wave was already started (3) but is not too late to open BUY order.
On Ichimoku Cloud, everything is good, trend line is above (1) and the Lagging Span (2) too.
A bull trend line is still active on RSI (4).
If ou want more security on your position, you can wait the sell zone breakout, if that's happen, the 1.19 target will be confirm.
Thanks for your time.
CHFJPY approaching support, potential bounce!CHFJPY is approaching our first support at 115.31 (horizontal pullback support, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 116.71 (horizontal overlap resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support and we might see a corresponding rise in price should it bounce above this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Possible trend shift in EURAUD – going shortThe Tidal Shift Strategy has just sold EURAUD at 1.61688. The system recommends entering this trade at any price between 1.61466 and 1.6191. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -3.43392, which suggests that the EURAUD could be trending downwards.The 14-period Average True Range on a daily chart is 0.00178, so the stop loss has been set at 1.62577. 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: 59094
Time Issued: Thursday, 27 September 2018 19:00:15 GMT
Status: open
Entry: 1.61466 - 1.6191
Limit: N/A
Stop Loss: 1.62577
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
79.79% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Possible trend shift in CHFJPY – going shortThe Tidal Shift Strategy has just sold CHFJPY 0.18% at 115.983. The system recommends entering this trade at any price between 115.789 and 116.177. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -4.051, which suggests that the CHFJPY 0.18% could be trending downwards.The 14-period Average True Range on a daily chart is 0.155, so the stop loss has been set at 116.758. 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: 59098
Time Issued: Thursday, 27 September 2018 21:00:17 GMT 0.65%
Status: open
Entry: 115.789 - 116.177
Limit: N/A
Stop Loss: 116.758
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
79.79% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Possible trend shift in CHFJPY – going shortThe Tidal Shift Strategy has just sold CHFJPY at 115.983. The system recommends entering this trade at any price between 115.789 and 116.177. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -4.051, which suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.155, so the stop loss has been set at 116.758. 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: 59098
Time Issued: Thursday, 27 September 2018 21:00:17 GMT
Status: open
Entry: 115.789 - 116.177
Limit: N/A
Stop Loss: 116.758
CHFJPY approaching support, potential bounce!CHFJPY is approaching our first support at 116.63 (horizontal pullback support, 100% Fibonacci extension, 61.8% Fibonacci retracement) and a strong bounce might occur pushing price up to our major resistance at 118.03 (horizontal swing high resistance, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding bounce in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPAUD approaching resistance, potential drop!GBPAUD is approaching our first resistance at 1.8113 (horizontal overlap resistance, 100%, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.7918 (horizontal overlap support, 100%, 61.8% Fibonacci extension, 78.6% Fibonacci retracement).
RSI (55) is also seeing a bearish exit and we might see a corresponding drop in price. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CHFJPY Long Trade - Final Push to 118.55Price has been respecting its 4 hour bullish trend line.
We have had two selling off phases which have resulted in another leg higher.
Providing this trend line is not broken, we can look to trade this pair to the key level of 118.55 which was the last turning point on the Daily Chart.
This is a case of follow the trend.
1% risk and 4% return.
Possible trend shift in CHFJPY – going longFXCM PLUS Trading Signals
The Tidal Shift Strategy has just bought CHFJPY at 114.756. The system recommends entering this trade at any price between 114.594 and 114.918. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -3.733, which suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.129, so the stop loss has been set at 114.109. 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: 58761
Time Issued: Tuesday, 11 September 2018 23:00:15 GMT
Status: open
Entry: 114.594 - 114.918
Limit: N/A
Stop Loss: 114.109
CHFJPY approaching resistance, potential drop! CHFJPY is approaching our first resistance at 113.63 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 110.72 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching our resistance and a reaction below this level might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.