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Chfjpyshort

CHF/JPY 4HR CHART SET UPHi everyone this is my trade set up for the CHF/JPY for the new week ahead CHF/JPY i think will push lower as were in a big downtrend still making lower highs and lower lows, so i am expecting a pullback to the order block zones and will be looking for a sell trade look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk management in place good luck for this weeks trading please like and comment both are welcome
Short
by Costy13
CHFJPY retracement detected ! Base on our analysis. we found out that ChfJpy may retrace to 120.300 support zone or even to 119.400. as the chart above, we can see that a bull run of CHFJPY hit the resistant level at 124.600 and started to retrace back. We do believe that ChfJpy will retrace according to our prediction. a sell limit position can be set at 124.500 or we can set a immediate sell position at the current price. Stop loss price can be set at 125.600. Trading on forex market can make a huge profit or loss, we must make sure our open position lot size not exceed our equity sustainable limit.
Short
by FirstFortuneCapital
10
Hope u took the short, CHFJPYThe swiss yen broke down farther after breaking the channel and testing the bottom of the channel, we expect to see more downside this week. But the white line(200ma) serves as a strong support. If you're in a short take some profits at around there and re-enter again at a better price. BEAR CASE Price to go farther down to ~122.9, there we can see some support. Our ultimate target is ~122 BULL CASE We expect price to test at least 122.9 but the support can be stronger than expected, do not be surprised if we bounce to 125 from there before another big leg down.
Short
by IkanBilisCapital
CHFJPY all za way downWhat's up guys , Price approaches a resistance zone and I'm looking for major sell setups , it will be a classic entry immediately after the break of the last low and the neckline of the potential Heads and shoulders , Why I said potential is because it hasn't formed yet and I am looking forward to see it happen so it could suite my trading style and give me an edge I can spot a divergence but don't wanna add it , so that my chart won't get too complex cause we have to keep it simple during trading Waiting for market to show its hand Also a cross of the MA can be used as a confluence ,those who are familiar with the ichimoku cloud could also use that what do you guys feel ?
Short
by newschooltrader
2
Bearish signal on the weekly but big move may come lateThe weekly candle on the swiss yen gave us a potential bearish signal. We expect price to continue to consolidate to the upside before giving us a big drop to the downside. BULL CASE Price moves to the top of the channel before dropping down farther. The price we're looking at is 126 but it may breakdown midway due to the uncertain nature in this zone. BEAR CASE This is unlikely but price may just collapse from here. If it does break structure our price target is 122. Remember not to fomo in and control your risk if it happens.
Long
by IkanBilisCapital