Chfjpysell
CHFJPY - UPCOMING WEEK - DONT MISS ITCHFJPY is approaching its resistance at 110.753 (0.618 Fibonacci retracement) where it could potentially reverse to its support at 108.421
Watch out for the break in the black trend line as this could leads us back to its support of 108.421
See previous analysis
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FOREX: CHFJPY - SWING - 07. JAN. 2018WELCOME TO DACAPITAL-TRADING!
CHFJPY FOREX BREAKDOWN 07 JANUARY 2018
1 HOUR
Very bearish market with several small pullbacks
4 HOUR
Incredible pressure and takeout of previous lows
DAILY
Pullback yesterday of over 50-61.80% Fib previous H4 Wave
LEVELS
(Please split your Position to 3 small ones for perfect entrys!)
SELL CHFJPY
1ST @ 109.350
2ND @ 109.600
3RD @ 109.880
SL @ 111.640 (200 Pips)
TP @ 106.990 (260 Pips)
RR: 1.30, Use smaller risk big position!!
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CHFJPY - SWING - 19. NOVEMBER 2018WELCOME TO DACAPITAL TRADING!!
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1 HOUR
Strong Bullish takeout of previous H1 Highs at 112.930
4 HOUR
Bullish weekly open with instant pressure towards previous H4 Highs and resistance zone
DAILY
Slow bearish market overall, following this midterm pressure with good entry levels!
LEVELS
SELL CHFJPY @ 112.880
SL @ 113.210 (35 Pips)
TP @ 112.350 (55 Pips)
RR: 1.60, use normal lot size!
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CHFJPY - SWING SETUP - 06. NOVEMBER 2018WELCOME TO DACAPITAL TRADING!!
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1 HOUR
Consideration now, price around previous H1 Highs and resistance zone!
4 HOUR
Expecting a bearish break below previous H4 Lows before heading up further!
DAILY
Bullish reaction towards previous Resistance zone!
LEVELS
SELL CHFJPY @ 113.080
SL @ 113.330 (25 Pips)
TP @ 112.300 (75 Pips)
RR: 3.00
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CHFJPY ShortRiding the recent bearish trend after worries regarding Italy's budget eased a bit (market seems to be back to risk-off). Waiting for a breakout and will manually enter past 115 if hourly price action shows continued bearish momentum, with 1st TP near @114.5 (-100 fib level in hourly and daily charts), and 2nd TP @113.3 (0 fib level in hourly, daily and weekly charts). There's possibility still of this pair bouncing to 116.33 especially if actual JPY ave. cash flow tomorrow is better than forecast, and if CHF CPI on Friday is lower than expected, so need to closely monitoring this pair.
www.poundsterlinglive.com
seekingalpha.com
Daily:
Weekly:
Confidence: C (because market in general is back to risk-on, and both CHF and JPY are considered haven assets-- in other words, high risk of getting whipsawed)
CHF/JPY - 150 Pips OpportunityCHF/JPY is heading for a break of the 50 EMA on the 8H chart.
On the 1H chart, it has broken the 200 ema for the first time since it's bullish run.
As long as the 200 EMA on the 1H chart holds strong as resistence, we can expect CHF/JPY to drop 150 pips+.
*Give it 1-2 more hours for the confirmation of the move.
Trade safe.
CHFJPY - UPDATE CHART 9/2018* CHFJPY will drop at Zone of wave group (I)(II)(III)... Maybe he goes from wave (IV) to (V).
* RSI is over 77 for a sell.
Note: Daily group wave I, II, III... is still valid for buy. Next target is wave VI (at BAT).
Thus should take profit 1 at zone wave Daily at (88-100% fibo).
Target 2 is at Cypher with current Fibonacci's ratios
Thanks for watching my chart. HAVE A NICE WEEKEND.
CHFJPY - SHORT IDEA UPDATEDthe market is about to hit the resistance line for the third time watch out for the short zone that is confirmed by the downtrend in H4 and the harmonic pattern, high probability of rejection down around 111.26 - 111.20 that is gonna be a great timing for long opportunity in the uptrend in D1 ( consult your chart in D1 to see ).
Happy profits guyz.
PLEASE CONFIRM THIS IDEA BY YOURSELF BEFORE TAKING ANY DECISION ON THIS TRADE