possible sellCHFJPY is now at the 50MA, and retraced about 50 Fib from previous drop. It should drop a bit now, and if not, it will go up much higher. Accidentally activated order already, so please please.... :)
Chfjpyshort
small pullback and then drop furtherCHF should have a small pull back after last week's huge fall, but with Yen's getting strong, it's more likely for CHFJPY to drop further. there's a small support zone around 118.4 - 118.8.
CHFJPY Short Multi time-frame AnalysisHey traders, here is the analysis for the CHFJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
CHF/JPY showing bearish price action at the resistance levelCHF/JPY is currently struggling to overcome the resistance at 122.50 area.
The last few candlesticks on the 4H chart indicates some bearishness.
So, based on this bearish price action, traders can consider selling the the resistance
with initial target as shown by the arrow marked in my chart.
CHFJPY SHORT IDEAI'm looking to short @ 94.
I would ignore this trade if it does not happen before the red vertical line.
My 2 cents
CHFJPY facing bearish pressure, potential for further downside!Prices are facing bearish pressure from descending trendline resistance, horizontal swing high resistance in line with 127.2% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards horizontal swing low support in line with 78.6% Fibonacci retracement and 127.2% Fibonacci extension. If prices push up further, prices might face resistance from horizontal swing high resistance in line with 161.8% Fibonacci extension and 78.6% Fibonacci retracement. Stochastics is also approaching 93.52 resistance level, potential for bounce.
CHFJPY - FOREX - 01. MAY. 2021Welcome to our weekly trade setup ( CHFJPY )!
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1 HOUR
Bearish break below main sr level.
4 HOUR
Expecting further downside pressure..
DAILY
Overall bearish market structure.
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FOREX SETUP
SELL CHFJPY
ENTRY LEVEL @ 121.930
SL @ 122.450
TP @ 121.190
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
CHFJPY SHORT IDEAIf I'm right, high of week might be in already.
Weakness below 121.5 possible.
My 2 cents
Nice Short From Resistance LevelA simple trade;
Met with daily resistance from the channel's resistance line. The candlesticks are being more than generous this time by showing their act.
A good short, increase the stop loss a little more if you want to be more conservative, avoid any RR below 5.
Don't go for the take profit near the support channel line because the price can bounce back to a supply zone from the white rectangle as the demand is strong there.
Avoid risking more than 0.5% on the trade, apply a good risk management rule.
I will try my best to increase our capital by 10% per week.
Let's see how it goes.
CHFJPY Sell Trade Idea (My View)Shorting CHFJPY... Looking For The Market To Break The Lows Of The Day.. Then Push-On Slightly... Perfect Pair To Look For ell Set-Ups:: Ideal Trade Indicated On Chart With SL $ TP 1$2 Indicated...
CHFJPY AnalysisYou can message me if you want more informations about my strategy or everything. I will respond, Have a great Day! <3
Ascending within Ascending Channel + Breakout bear Flag entryOne of my favourite JPY pairs, not in a hurry to jump in this one need more confirmation of the Short bias. If Price breaks out of the ascending I'll take the first flag out, but If Price tests the High one more time I'll wait for the impulse down then take the first flag.
CHFJPY Hello, we have CHFJPY , on the 1h frame:
You also agree that the bullish momentum has doubled after breaking the strong resistance at 118.00, and a LL formed after breaking the channel, confirming the weakness of the large purchasing power.
In my opinion, after confirming candle for the weakness of the franc, it will be a great opportunity to start a sell position for the moment the wave started
CHFJPY Short Analysis Hey traders, here is the analysis for the CHFJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
CHFJPY - Bearish Opportunities !Welcome to our Trade Setups - May 19th ( CHFJPY ) !
SELL CHFJPY
ENTRY LEVEL @ 120.659
SL @ 121.111
TP @ 119.305
Max Risk: 1% - 3%!
Risk/Reward Ratio: 3
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
CHFJPY Setting up for a reversal ?Hi Guys !
On the technical side, the CHFJPY is setting up for a nice reversal to the downside. Based on that keep your eyes on 5min-15h timeframe for your sell setups. Try to catch your trade as high as it possible.
There is huge profit to be made (if this pair follows the script) and the trade has a nice reward – risk ratio.
Any strong break to the upside will invalidate the setup.
The Risk:
As trader, it is your job to mitigate the risk and only trade structures that provide high probability and great reward to risk ratios.
If you are not comfortable with this trade and your stop loss is to big for your trading account simply just skip it and wait for another one .
For analysing the chart and predicting the upcoming wave I use upgraded version of Wave Analysis. This strategy is easy to understand and it is totally without fundamentals ( Don't read the fundamentals it will confuse you). However if you don't over risk and follow the plan than there is noting to lose in this online business.
Trade with care !
Thanks for your support
Adding a second position, SL still remains the sameJust adding a second position, SL and TP area for ME still remains the same.
CHF/JPY Looking For Shorting OpportunityFX:CHFJPY We will be monitoring price action during the move the upside as the market still has bullish momentum and as soon as the market will shift from bullish to bearish and meet our conditions we will enter a short.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
