Chfjpyshort
CHFJPY - SHORTAs we can see, in the frame W, the Marubuzu closed candlestick with full force, but now when we meet the Resistance resistance, I think there will be a price correction to the Fibo resistance below.
Specifically, on h1, there was a break of the price channel to immediately increase the resistance level, so the idea for next week would be to wait for the price to return to the resistance just break to sell down.
CHFJPY SHORTWe had a daily close inside the daily resistance area.
looking for our target on the 50% fib level.
Then tests 116.600 and 116.800 range before falling to 113.800
Entry - 117.550
SL - 118.000
TP1 - 115.750
TP2 - 113.800
CHFJPY - Too SoonI feel like it would be silly to try and sell CHFJPY from this point there is so much liquidity sitting above those high points and price moves to where orders reside. I would assume a fake break of this channel followed by a re-entry up to the highs marked or even higher. Let's see how this one progresses next week.
Break of Structure in the Making CHFJPYLook at this setup with the EMA in relation, Lower lows. Breakout occuring soon
CHFJPY - Bearish BiasCHF - BEARISH
1️⃣ COVID-19 vaccine optimism weighed on the safe-haven CHF.
JPY - BULLISH
1️⃣ Upbeat data in Japanese Industrial Production and Retail Sales for October support the JPY.
=====
Technical
=====
We are looking to sell the CHFJPY at the resistance of 115.300 on the H1 chart.
CHFJPY, 4hr tf, sell on breakout of triangle patternHello my friends,
Today is friday and we are going to trade lightly today.
I found a good setup on CHFJPY pairs.
This pair recently broken below the support of a triangle pattern which has formed since September till November.
Yesterday it finally close below it and i think today is a retest of this broken support.
We could expect downside to next support at 113.15
Sell CHFJPY 104.05
Stop loss 104.35
Take profit 103.20 (2.8R)
RR ratio 1 : 2.8
Use only 1-2% risk
Good luck
CHFJPY - Day trade by Keltner Channel 16/11/2020Max risk: 2%.
Maximum history bars/Premium account.
Commission: 4usd/trade.
Slippage: 2 ticks.
CHF/JPY SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. as always we will have to wait fora confirmation!
CHF/JPY: DaySwingtrade-preparation
Market-Sell: 115,240
Stop-Loss: 115,690
Target 1: 114,730
Target 2: 114,380
Target 3: 113,830
Stop-Loss: 45 pips
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.
Any questions? PM me. :-)
CHFJPY, daily tf, sell trend line retestHello my friends,
For today i am gonna trade JPY crosses pairs, as the US election could trigger risk-off sentiment.
It looks like we could see it goes wild with current development.
To keep it simple, we will only focus on the price action.
Price already broken below the ascending trend line and now retesting it.
I've marked the horizontal support and resistance as well.
This 114.60 area is an area of confluences as there is horizontal and EMA resistances.
You could clearly see some selling pressure here as the last candle stick looks like a bearish pinbar candle.
Sell CHFJPY 114.60
Stop loss 115.10
Take profit 113.25
RR ratio 1 : 2.5 (2.5R)
Use only 1-2% risk
Good luck
CHFJPY Short time sell Long time buyas we can guys, currently price at the correction phase and going to form descending channel, if price keep going down it will form a double bottom the probability for buy will be higher.
