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Chfjpyshort

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
Short
by kristijanslatinsek
1
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.
Short
by NCTrading
2
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.
Short
by TradeFx4Fund
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.
Short
by FXCM
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.
Short
by Trading_Vista