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Chfjpyshort

CHFJPY more room the upsideLast Week CHFJPY tested demand & rallied to the upside breaking the minor downtrend market structure. Currently market is in imbalance between 120.20 & 120.70. My bias for this market is bullish unless it makes a new lower low and breaks the current market stucture. From Daily timeframe CHFJPY seems bearish but last week it failed to make a new lower. So, hopefully with a bullish price action this pair can shoot up to the major supply area to fill out the void of the market before it falls down.
Short
by DontStopTrading
1
CHFJPY short oppotunity 😎CHFJPY short in progress on our H1 strategy. Last buy settled for a small gain. New trade entry details are shown on the chart. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren.
Short
by pow_removetheguesswork
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.
Short
by TradeGATEHub
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.
Short
by VeerForex12