Chfjpyshort
CHF/JPY SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation!
CHF/JPY: Daytrade-Preparation
Market-Sell: 119.445
Stop-Loss: 119.885
Point of Risk-Reduction: 119.040
Take-Profit: 118.130
Stop-Loss: 44
Risk: 0,5% -1%
Risk-Reward: 3,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
CHFJPY weekly resistance areaHi there,
My big view on CHFJPY as follow:
CHFJPY is currently printing a weekly corrective wave B.
I can't claim that the B wave is over, only if it's makes a new weekly low to break the A wave low then I will be able to say that the B wave is more likely is over.
But, as I can see from the weekly chart, the PA is bouncing around the resistance zone (RZ), so I can sell from this zone every time then I see a sell setup.This RZ also can be violated by PA and price can go higher sharply, but as long as it is holding the RZ I am bearish on CHFJPY.
CHF/JPY New 2 Setups After Daily Closure For Long & 4H For Sell This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Possible trend shift in CHFJPY – going shortThe Tidal Shift Strategy has just sold CHFJPY at 117.904. The system recommends entering this trade at any price between 117.775 and 118.033. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -3.446, which suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.103, so the stop loss has been set at 118.419. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 75750
Time Issued: Thursday, 15 April 2021 10:00:15 GMT
Status: open
Entry: 117.775 - 118.033
Limit: N/A
Stop Loss: 118.419
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.
Past Performance is not an indicator of future results.
Looking to go short CHFJPY .. 13 April, 2021Let us first of all look at the weekly view
Price has arrived at rock solid multi-year resistance but with some serious momentum. I am thinking of a reversal but there is plenty of room for a profitable trade in either direction.
The H4 view still looks bullish. Note that price action is not the cleanest, but it is respecting prior levels for the most part. Have we reached a top? Not sure yet, but the next few H4 candles will provide better clarity.
My bias is to the downside, but will let PA guide me further on.
If you like my analysis, please give it a "thumbs up" and follow me to get immediate notifications.
As always, please use sound money and risk management in all your trades.
CHF/JPY New Short Trade Available To Catch This 180 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
SHORT POSITIONWe are looking for short on this pair
SELL CHFJPY
Entry 117.52
TP1 117.32
TP2 117.04
TP3 116.54
SL 118.00
If you find this helpful and want more FREE Updates on TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
1_GFX English Support Team ❤️
CHF/JPY - Breakout failure.On the weekly chart , the price is stuck between two strong levels and is now moving in a range.
On the daily chart , we see that the price tried to break through the resistance level, but was unsuccessful.
New support levels also failed to act as a strong support zone.
So, the price moves down towards the beginning of the move to retest the support level in order to make another attempt to break the resistance level.
If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis .
Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.