chfjpyCHFJPY - Rejected the structure and WFB as we said , running over 80 pips, you can enter again by breaking the black trendline , look at the link below
Chfjpyshort
SHORT OPPORTUNITY ON CHF JPYPossible Head and shoulders in formation
According to Resisance and suppport level
TP and Stop Losse
CHFJPY Short!CHFJPY, We are still in 2 positions heading down to the major support at breakout. This is a massive swing for us, so we must be patient and also be ready to take partial profits and moving SL's. If price follows our plan thoroughly we might have 3 more entries while moving down.
CHF/JPY LOOKING BEARISH!!!broken out of wedge pattern looking very bearish.
Comment on your ideas.
like and follow
CHFJPY all za way downWhat's up guys ,
Price approaches a resistance zone and I'm looking for major sell setups , it will be a classic entry immediately after the break of the last low and the neckline of the potential Heads and shoulders , Why I said potential is because it hasn't formed yet and I am looking forward to see it happen so it could suite my trading style and give me an edge
I can spot a divergence but don't wanna add it , so that my chart won't get too complex cause we have to keep it simple during trading
Waiting for market to show its hand
Also a cross of the MA can be used as a confluence ,those who are familiar with the ichimoku cloud could also use that
what do you guys feel ?
Bearish signal on the weekly but big move may come lateThe weekly candle on the swiss yen gave us a potential bearish signal. We expect price to continue to consolidate to the upside before giving us a big drop to the downside.
BULL CASE
Price moves to the top of the channel before dropping down farther. The price we're looking at is 126 but it may breakdown midway due to the uncertain nature in this zone.
BEAR CASE
This is unlikely but price may just collapse from here. If it does break structure our price target is 122. Remember not to fomo in and control your risk if it happens.
FOREX ANALYSIS : CHFJPYFX:CHFJPY
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
How to Use A perfect Reversal Chart pattern ?We have a perfect Head And shoulders as a Strong Reversal Chart pattern
To find a best Entry pont we need to wait after Re Test Neckline of H&S
TP = Distance (between Point A and Point B ) = Distance Between Point C ans Point D)
CHFJPYHere is the chart of CHFJPY
Last time we made 500+ pips and this time looking for one more bigger move approx 1000pips
reasons behind this trade :-
1: there is years of strong support
2: there is monthly support
3: index is going to show in weakness in upcoming days(my perspective)
4. We are going to take this trade of breakout
Thank you ❣️ peace
SHORT POSITIONCHF/JPY forecasting the rally and buying the dips at the DEMAND RECTANGLE AREA
CHFJPY is another instrument that has given us trading opportunity lately . The pair is showing impulsive sequences in the cycle from the September 20th low.
Recently this pair have been trending for the past year and some. A pull back into (118.02) we expected STRONG BUYERS.
CHFJPY Short on H&SCHFJPY short off a potential H&S.
long Bull run... its got to turn at some point, and i love a head and shoulders pattern
chfjpy short + Entry point Risky tradechfjpy short + Entry point
elliot wave
hamronic pattern
supplyanddemand
wychoff starts
all are involve
CHFJPY Overall Shortcould possibly see the right shoulder of a head and shoulders pattern forming here. Will be keeping my eyes on this to get into a short position.
CHFJPY Short likely• General movement of the market is bearish so bearish momentum likely to continue
• Price has formed an expanding triangle pattern on the daily chart (price has respected this line 2 times already so likely to respect it again and its on the daily chart which makes it very strong
• Price has also formed an ascending channel on the 1 hour chart which is an indicator of a reversal.
#CHFJPY SHORT TERM SELL OPPORTUNITYIn Daily time frame price is bullish without any doubt but price has reached Daily bullish channel upper boundary and we can also see standard bearish divergence in Daily time frame which gives us more confluence.
As a result of this daily bearish confirmations we saw a bearish move which you can see it in 1H time frame and as a result of this bearish move price structure has shifted to bearish in this time frame.
since then price formed a bullish corrective move which shows us no intention to upside move and for more confluence price formed a shooting star candle stick in 4H time frame and also 1H bearish engulfing candle.
For trading this pair if price failed to create HH in 1H time frame you can then execute your sell position.
Remember this trade opportunity is counter trend trading in Higher time frame and should be manage with extra care.
CHFJPY sell 125.090-125.576 TP 123 - 119JXY on the way up so look to sell xxxJPY.
stoploss 126.224
sell tp
125.576 119.994
125.337 122.019
125.090 123.616
CHFJPY short long term Ascending channel just got completed on the daily timeframe so now we looking for sells long term
CHF/JPY Short3662 free pips for the trade of the year. The market has has completed the weekly correction structure and is now ready for downside. fundamentally we are bearish for both currencies but expecting Swiss to be weaker since JPY is as it lows already
