Chfjpyshort
CHFJPY short in play 👍👇We are using our trend following EDGE strategy for this trade.
Have been in this trade since Friday afternoon.
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Last two trades can also been seen on chart. One was TP hit one was a SL hit.
Trade history can be seen below this trade idea too for full transparency.
Lets see where this trade ends up.
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The stats for this pair are shown below too.
Thank you.
CHFJPY Potential Short TradeCHFJPY has had a bearish push lately and has just broken the large consolidation box.
I will be waiting on a retest of the consolidation box either buy placing a sell limit or enter on market (With Bearish confirmation).
I will be looking to take partial profits off level 118.000 and previous structural lows. Main TP would be at previous liquidity imbalance zone at the 117.766 area
CHFJPYLet me bless you with a long-term trade, this pair is in correction mode from an impulsive movement on a monthly chat and weekly chat, so we will be placing our sell stop below the correction line.
also, we will be selling this pair on a small time frame.
I will be giving daily signals in this pair as days Goes until it covers all our expectations.
CHFJPY Let me remind you that in my previous analysis we got our target. Now price has reached a very strong resistance area also we have seen how nicely JPY pair is showing bullish power. CHFJPY is one of the high probability setup.
- I am looking to sell this pair either from structure level or after counter line broken.
CHFJPY's Hello fellow risk-takers.
The pair is still bearish in my books and extremely so!
What is currently happening is retracement that is needed to propel price even further downwards. I expect this retracement to be deep and reach the shaded area of supply zone.
The probability is quite high for price to touch this area of supply & demand imbalance and then nosedive again into a massive selloff.
Happy Trading.
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*This information is for entertainment purposes only and shouldn't be construed as investment advice.