hello traders.as you see in 4hr a bearish candle closed under the last low and changed the trend direction.so in smaller time frame we wait for reason to open short position in the supply area. .good luck “”your follows and boosts encourage me to publish more analysis””
$CHFJPY Long pullback idea. That big dip was caused by some news. I expect the price to rebalance and clear liquidity above the 150 area
The CHJPY managed to make a higher high but on the chart we can see that the market is forming the bearish pattern ascending broadening wedge at key levels. The upper side of the broadening wedge falls into a 1.382 Schiff pitchfork level from a long-term uptrend line. If the market is to push lower, I am expecting a reversal from around the outlined zone. P.S...
We can clearly see that we do have a higher high with divergence on the daily with an incomplete structure since the rally from 117 levels. Fundamentally we can expect the Yen to gain some strength due to the new covid variant being heavily mentioned in the news. Many other related instruments are currently trading at extreme areas so a big move is to be...
Chfjpy hit the bottom of the channel.... May go up because it is in an overall uptrend. The entry is too late now to be a sniper. Wouldn't enter but observe the move.
CHF/JPY looks like it could be providing a decent opportunity to enter long based on the current technical analysis and price action. Price broke out from a weekly descending trend channel in Late-July suggesting that the downwards trend is coming to an end, at least in the short term. With our overall bullish bias, price has also now broken from a daily...
Comparto con ustedes uno de nuestros analisis en este activo, una oportunidad de trading interesante para ventas con una relación de riesgo Vs beneficio bastante favorable.
CHFJPY had a fake breakout of the resistance zone and is now back below the resistance zone, presenting an opportunity to go short on the pair. However, bears should be aware of the supportive trendline that CHFJPY is following along. The safest approach to this short would be to wait for a break of the supportive trendline to go short, with a stop loss a few pips...
Looking to buy TP1 & TP2 15 M CANDLE Entering at the support Looks like it's broken the downwards trend and broken into a upwards trend. What's your thoughts on this pair ?
we have weekly descending trend line broken ascending trend line, resistance zone price reversed from a weekly descending trend line and it broke out of an ascending one as well as a support zone price retested the resistance zone and it broke out of a daily bearish correction