Chfjpyshort
CHFJPY | PARALLEL CHANNEL TOPCHFJPY | PARALLEL CHANNEL TOP
CHFJPY has been trading in bullish parallel channel and current price is approaching to the top of the channel. The upside is limited to the the mention zone and shall remain sell on strength.
Alternatively, breaking above the channel will bring more buyers in the party and the pair can trade to all time high
Trade your levels accordingly.
CHFJPYCHFJPY Looking For Shorts
I'm Looking To Short Based On The Price Retesting/ Filling In The Daily Inefficiency
Price Rejection To That Level 126.460
We Have A Daily Rejection Block
After Price Took The Orders Resting Above The Old High
We Have Distribution Schematic (Which I Did not Mark Up)
Plan
We Have Our Maximum Stops =30 Pips
Targeting To Run Over 2 Asian Lows That Are Too Cleaned
PLEASE WATCH-OUT FOR THE 11 Mar Asian Low It Near Inefficiency Which Can Drive Price Higher Before Taking Out The Old March Low (124.250)
DISCLAIMER :
Before using this Tradingview account setups, please make sure that you note the following important information:
Do Your Own Research ( DYOR )
Our content is intended to be used and must be used for information and education purposes only.
It is very important to do your own analysis before making any investment based on your own personal circumstances.
You should take independent financial advice from a professional in connection with, or independently research and verify,
any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
No Investment Advice
Our Tradingview account is a financial data and news portal, discussion forum and content aggregator.
Circle Forex Institution is not a broker/dealer, we are not an investment advisor,
we have no access to non-public information about publicly traded companies,
and this is not a place for the giving or receiving of financial advice, advice concerning investment decisions or tax or legal advice.
We are not regulated by the Financial Services Authority.
We are an educational forum for analysing, learning & discussing general and generic information related to stocks, investments and strategies.
No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content.
We do not provide personalised recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.
CHFJPY, which Safe Haven currency will be stronger?Hi Traders,
With the on going situation happening between Russia and Ukraine, investors seem to be turning to safe haven currencies as tensions escalate. Looking at the current price action, we can still see many bearish developments with indication more downside is possible. We may get another touch at the top of the ascending channel that price is currently moving within, however we may start to drop as JPY seems to be gaining momentum as this past week closed off.
Be patient and follow your trading plan, don't get trapped in the corrective phase.
Share a comment below and let me know your view on this pair!
Click thr like button if you agree with this analysis.
Trade safe!
CHFJPY | Range breaks buyCHFJPY has been in a range since the start of January ealier this year, the pair has given a breakout from the range and is trading above it.
One can build long position in it.
Alternatively, breaking below the range will call back bears in the party.
Trade your levels accordingly.
CHFJPY | Testing ResistanceCHFJPY is approaching to important resistance area. Will it break this time?
It failed to break since 18th January early this year and price are constantly testing it. Only if it manages to break then one can enter long in here otherwise rejection candle will be enough to open short position.
Trade your levels accordingly.