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Chfjpylong

CHFJPY long trade ideaPlan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **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. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
1
CHF/JPY: GOOD VIBESHello traders! As you can see from the chart above there are good chances to go long successfully on CHF/ JPY. The reasons are easy to understand. First of all, RSI 14 does not look overbought. Secondly, MACD line is crossing SIGNAL line starting a bullish momentum. Furthermore, Bearish Momentum is getting weaker and weaker, as suggested by the red histograms. TARGET can be set in proximity of the 2nd Fibonacci Levels, drawn thanks to FIBONACCI EXTENSIONS TOOL. Please, notice that the 50 FIBONACCI LEVEL coincides with the RESISTANCE. Then, I suggest to wait and look for a confirmation candle in order to understand whether go long or short. WATCH OUT FOR FALSE BREAKOUT! Remember to put a stop loss in order to secure your capital! Not a financial advice. Enjoy your trade!
Long
by vf_investment
CHFJPY Bullish Uptrend Movement!!!What we can see now for CHFJPY is a completion of a double bottom formation respecting the support level @113.05. This potentially gives us a bullish outlook as currently we are seeing a bearish retest to the broken resistance level @113.28. I believe we could see a "W" formation forming as it bulls. If not a retest to the trend support level is possible before it bulls. Therefore, as you trade CHFJPY, remember to place your SL well . Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Long
by YGForex
CHFJPY [Weekly Directional Analysis]Simple Analysis on CHFJPY: Current trend is Bullish, we have reached the previous RESISTANCE area which forced market to pullback, however current we are holding at 38% fibonacci level which could push price to upside to reach a new target high. Otherwise, if sellers dominate we may fall downside to previous Support & Resistance area before continuing the bullish trend. At the moment, we are looking at Price Action on Daily chart for confirmation to BUY or SELL signal. Follow for more Analysis, i have nothing to sell to you but i'm providing more values to the community for free ! Best Regards.
by arksid_fx
CHFJPY - SWING - 23. JUNE. 2020Welcome to our weekly trade setup ( CHFJPY )! - 1 HOUR Bullish closure above trend turning area. 4 HOUR Expecting a pump to 113.300, good long entries. DAILY Overall slowly dropping market about to turn! - FOREX SWING BUY CHFJPY ENTRY LEVEL @ 112.610 SL @ 112.180 TP @ 113.290 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
9
CHFJPY (Short) Trend : Bearish Formation: Descending Triangle Entry : Wait for the breakdown below the descending triangle (112.5) !!. you can always wait for a slight pull back (after the breakdown) before you enter the short trade. Do remember that there are times that you cant get the expected full profit. By sacrificing a portion of the position will lead to a better entry rather than jumping in straight when you see a formation has breakout. TP1 : 116.35 TP2: 109.5 Feel free to post any comment/question or any idea that you wish to share. I am more than willingly to reply you back :) 1) Please click on my profile to follow me , if you think my ideas do help you or provide you with another insight Quotes "The key to trading success is emotional discipline"
Short
by MemoriesLane
CHFJPY - SWING - 15. JUNE. 2020Welcome to our weekly trade setup ( CHFJPY )! - 1 HOUR Bullish price action after taking out 112.500! 4 HOUR Expecting more bullish pa, prices trading above main sr now. DAILY Overall bullish after a small pullback, turning to normal trend again! - FOREX SWING BUY CHFJPY ENTRY LEVEL @ 113.110 SL @ 112.550 TP @ 113.890 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
7