As the weekly and monthly charts have wonderful tops, I assume that the price changed directon to make another top. I have closed the previous sell order and changed to buying. If you search for CHFJPY ideas, you will see only sell ideas, same imagination. On the bigger frame, a buy order seems much healthier. Good luck.
Entry: 114,350 SL: 114,850 TP1: 113,225 TP2: 112.100
As the price landed on the support, we will be looking to catch for some retracement move. Entry: 1,72100 SL: 1,71600
As the price landed back on the support, we see a breakout on the trendline, then a pullback. The volumes were increasing as the price was decreasing down to the support. It may be a good time to try some longs here. Entry: 1.06400 SL: 1.06200
As we are directly at the trendline of a triangle, we will look for the market opening and check the volumes changes andwe will have a look on 15M chart rejections.
As we reached to the very common bottom, we can see the volumes are moving down. This should make more like a cup and handle pattern. Lets see..
As we reached to the very common bottom, we can see the volumes are moving down. This should make more like a cup and handle pattern. Lets see..
As the price moves in the triangle and reached the bottom already, we may be looking for some sells setup as the volumes are going down extremely low, which also could not push the price in the same way down. There is still enough playroom downside, which we need to keep in mind! So same as all pairs, we will be looking for some rejectons on the smaller...
As we are moving in a bouncing wedge, we will be looking for some buy setups over the trendline. There is a good amount of sellers are got into this but couldnt push the price down as expected. This may lead us to some upmove while checking the 15M chart candles rejections on the yellow bar. If we see a breakout to downside, we will be waiting for a retest back to...
As the price moves in a traingle form, we will be looking for some sell setups from the trendlines. There is a very storng untouched support below, who knows maybe dying to be touched? Check your 15M charts and look for at least 2 rejection candles from the resistance zone. If we see a breakout to the top, we will be waiting for a retest on the trendline and set...
Based on the strongest support, a triangle pattern forms. We may be looking for some retrace again from the trendline, as we have an eye on the OBV and the 15 min charts, where we see at least 2 rejection candles from the 0,65300/350 area. If the price breaks through the trendline, we mal wait for a retrace on it, and set a target till 0.65800 area.