Chfjpysignals
CHFJPY | PERSPECTIVE FOR THE NEW WEEKCHFJPY price made a strong bearish move rejecting a Key zone around Y116.000 to propose a possible ABCD pattern in the future.
Tendency: Downtrend ( Bearish )
Structure: Retracement | Supply & Demand | Harmonic (AB = CD expectations)
Observation: i. Inability of Price to break above Y117.500 in Aug & Sep 2020 has led to a Reversal pattern that points down.
ii. ABCD pattern is sighted with parameters explained below;
a. Impulse A-to-B will be in harmony with the potential C-to-D leg.
b. The B- to-C leg is at 61.8% Fibonacci retracement of the A-to-B leg.
c. The C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext. of the A-to-B move.
Trading plan: SELL confirmation with a minimum potential profit of 350pips.
Risk/Reward: 1:4
Potential Duration: 10 to 20 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
CHFJPY - Weekly; Wait for it... Then SELL it hard!!While the SNB is a "currency manipulator" (of the first order), Japan is a wholly owned subsidiary of the BoJ. Still, it's wise to bet on the World's 3rd largest economy versus the World's Vault that is now on fire.
... and this chart is foretelling that exact story!
CHFJPY signal (SHORT)Hello friends.
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Everything on the chart.
open pos: buy on correction or on breaking white line
targets: 115.7 - 115.45 - 115.1
after first target reached move ur stop to breakeven
stop: ~116.8 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2.25
Good luck
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CHFJPY - sell biasedHi all traders,
For CHFJPY , we can see that it has broken the trend line, im looking for more sell biased this pair.
Any buy will only happen if it break higher. But for now, i will only be sell biased for this pair till we see a momentum change.
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**Disclaimer: All trade ideas are of my own personal view. It's not a financial advice. Thanks!**
Cheers everyone!
CHFJPY Trading PlanPattern: Channel Up on 1D.
Signal: (A) Bearish as long as the price trades within the pattern, being just below the Higher High trend-line, (B) Bullish if it breaks above.
Target: (A) 111.000 (just above the lower Support), (B) 118.000 (Just below the Sept 2018 Resistance).
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CHFJPY--Bigger Chat market View--Potential Sell MoveHy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view.
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we really hope you enjoy All trade..
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.this is not signal. it's my opinion. trade you own risk.
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SWISS FRANC / JAPANESE YEN (CHFJPY) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.