Get started

Chfjpyshort

128 before stronger correctionWe're wrong about this pair this week, the strong bullish conviction shown at the 123.5 level is information that we cannot ignore, there should be more upside coming for this pair but we think price action will be choppy. BULL CASE The structure should be complete once price corrects to near the 124.0 levels and after that we are targeting 128 where a stronger resistance will be met. BEAR CASE Do not be surprised if we get a stronger correction before the upside comes, it is possible but unlikely that price retest 123 before the bull case is fulfilled.
Long
by IkanBilisCapital
Waiting for the opportunity to sell with CHFJPYH1 time frame. Structure: The uptrend was broken after the price completed the head and shoulders pattern and broke the Key level at 123.600. Here is the confirmation of the downtrend, waiting for the price to pull back to test the trendline and sell opportunities at 124.000. The profit target is the price zone of ​​122.600. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Short
by tradafx
CHFJPY , WAITING FOR SHORTING CHANCE ?From the resistance trend line we observe that we are at a selling ZONE . the evidence of a pattern ASCENDING CHANNEL . considering that its the DAILY time frame . we will look for opportunities to support the anticipation of the SELLING PRESSURE from this position . This will be evident especially on the lower time frame once the market shifts from bearish market to a bearish market .OUR ENTRY TIME FRAMES ARE THE INTRADAYY TRADES TIMELINES .
Short
by DIGITALASSETSINC
A short position in the CHFJPY pairWe recommend taking a short position in the pair CHFJPY. as seen in the chart the pair entered a local resistance at the level 120 and also encountered the broken the weekly broken trend line which acted as a resistance and rejected the price several time, we believe that the price will go down and head firstly to the 4 hours support where we placed out 1st target and then will head to the daily support at 118 if this support was broken. Take this trade only if you agree with our analysis.
Short
by alphaempirefx
1
CHFJPY - Bearish BiasCHF - Weak Bullish 1️⃣ Investors are turning to safe-haven currencies amid a negative market environment. JPY - Strong Bullish 1️⃣ Investors’ concerns about the uncertainty of the economic recovery could support the value of the JPY. Between CHF and JPY, we expect JPY is stronger. ===== Technical ===== We are selling CHFJPY after it turned to a downtrend. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction. Don't forget to like, comment, and subscribe for more ideas.
Short
by MonsunAsia