Chfjpyshort
CHF/JPY SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we need to wait for a confirmation!
CHF/JPY: Daytrade-Preparation
Note: Aggressive management as market is still choppy!
Sell-Limit: 117,330
Stop-Loss: 117,710
Target 1: 117,015
Target 2: 116,780
Target 3: 116,470
Stop-Loss: 38 pips
Risk: 0,5% - 1%
Risk-Reward: 2,31
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Peace and good trades
Irasor
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CHFJPY H1 SHORT PRICE ACTION FORECAST This currency pair is currently under intense sellers pressure, finding some support above the 200MA where we could expect some healthy correction before the downtrend continuation towards previous support level.
It allows the setup of a short entry with the following characteristics.
The order:
Type: sell-limit
S/L: 30 pips - R:R | 1:3.5 -
T/P: support level
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CHFJPY ROADMAPcurrently, we are seeing price testing the 115.63 support level (1) and we have room to go down for +200 pips if seller manages to push the price to the 114.28 support level (2), we need to wait until price breakout the support level 1 as H&S pattern confirmation before placing any sell order.
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
CHFJPY | BEARISH SETUP|PRICE BROKE THE DAILY BULLISH TRENDLINE BUT HAD A BIG PUSH FROM THE DAILY DEMAND ZONE. IT IS SOMETHING THAT I WILL KEEP IN MIND SINCE WE WERE IN A BULLISH TREND. I MIGHT LOOK AT A SELL OPPORTUNITY AT THE SUPPLY ZONE SINCE IT WOULD ALSO BE A BREAK & RETEST OF THE PREVIOUS TRENDLINE
CHFJPY SHORT IDEA/ IRREGULAR H+S FORMATIONWe can see that price has broken below this ascending TL, making a lower low with a retracement up into a fib level. We also have this irregular H+S pattern which is valid, however i do believe we can see a push up to previous structure level, the 61.8% fib and the 50EMA, this would be a high probability set up if we can get a nice confirmation candlestick.