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Chfjpytrade

ELLIOT WAVE: CHFJPY TRADE IDEA CHFJPY completed A-B-C zigzag corrective pattern and setting up for a decline. This decline which can be another short-term correction could also be the beginning of a major decline. What matters right now is that we would at least see a three-wave move to the downside to the nearest demand level as shown on the chart. We will look for a short-term correction in wave (b) to position to a sell entry in wave (c). Here is the 1-hourly outlook. www.tradingview.com What's your thought on CHFJPY? Let me know in the comment. Thanks for reading. Veejahbee.
Short
by Veejahbee
FREE ANALYSIS ON CHFJPY - time for the bearsFREE ANALYSIS ON CHFJPY Welcome to SiriusTrading (managed by Segunby), Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :) - 15 Min Bearish Momentum found here. Price below all 3MA's. 1 HOUR Price has just broke down the trendline and also tested it again. We can also see price breaking down off the MA 200 also. Expecting further down on this pair 4 HOUR We are currently seeing a retracement of the recent bear run which started 30th June. Price broke down the 27day MA and the 100 MA's. Price did test the 200 MA and was rejected. we are now expecting price to test and break this MA 200 level for further bearish momentum. OVERALL Expecting more sell. see chart for TP expectations. - Thanks for reading See previous analysis Please share your thoughts and views on my analysis and don't forget to like it and share with others.
Short
by SiriusTrading
2
FREE ANALYSIS ON CHFJPY - 26/06/19Welcome to @SiriusTrading, Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and dont forget to LIKE :) - 30 Min This time Frame is supporting a bearish move. Price could test previous top before continuing down 2 HOUR We are seeing a correction of price from the previous bearish move which started 12th April. Also Price is testing the Fib retracement level of 61.8% 4 HOUR Bearish and its imminent. Thou Price is above WMA100, EMA150 and MA200 which could suggest a bullish move, i am still expecting a move down. wait for break in black line before joining in. 2 types of bearish divergence also found. OVERALL Expecting Price to drop - Thanks for reading See previous analysis Please share your thoughts and views on my analysis and don't forget to like it and share with others.
Short
by SiriusTrading
CHFJPY FOR THE BULLS CHFJPY is currently looking good for a bullish move. In my previous mark up, i mentioned i would be keeping an eye on how price reacted around a daily timeline i plotted. ( I have attached that mark up below) As you can see, price broke above that trendline and continued to move higher until we reached a point of resistance where price as i would see it retraced. I marked the 50% retracement level with the grey horizontal line where we may see price move higher toward our take profit marked at the green line. Always note that as price moves i.e retraces more to 0.618 the take profit would be adjusted accordingly and this is the case with all my mark ups. Grey line- Entry Green line - Take profit Red line - Stop loss Risk per trade - 1% If you don't follow me already, hit that follow button :)
Long
by Malika_Analysis
POTENTIAL FOR CHFJPY TO MOVE BEARISH In my previous post i highlighted that CHFJPY had the potential to continue moving bearish. However since then , price moved higher than anticipated and is currently trading at 0.618 fib retracement level of the entire bearish move downward. I see potential for this pair to continue moving bearish as it is currently testing and trading a daily trendline with bearish divergence evident. Having said that, the Swiss Franc has also reached a critical point of resistance from where we may see price move down bearish. I will be keeping an eye on price action and how the close of the 4hr candle. Green line - TP Red line - SL Grey line - Entry Hit that follow button ! :)
Short
by Malika_Analysis