Chfjpyshort
CHF/JPY Rejection From ResistanceThis has had a big rejection from the resistance level and has continued down to support where it has finally slowed. I expect this to be a brief correction before continuing downwards.
For an entry to a short I want to see this break the support and then retest it as resistance. Then a short can be taken with a target at the next support of 113.819
CHF/JPY Broken trendline heading lower Hey traders 👨💻
Update on this pair. It's broken the up trendline. We also have a H&S pattern. Hoping to see a correction to at least the 0.382 Fib before going short.
CHF/JPYThe chart reacts to strong resistance and a downward trend is formed
short position should be good
chf jpy potential shortAfter last weeks weekly close below a key phycological level shorts on this pair are looking good!
If we can get an impulsive move down, below 117.5 level, this will confirm our bias further. Lets see how price reacts around this current level.
Let me know what you guys think!
CHFJPYI can see an ugly head and shoulders pattern, plus a bearish pennant. that looks like a sell to me
CHFJPY W4 Feb 2021CHFJPY
Short Setup
👉🏻 Price failed to close above major zone (marked in purple) on Friday's market close. Possibly a fake out to lead price lower to respective areas.
CHFJPY WEEKLY FORECASTCHFJPY AFTER SUCCESFULLY BREAK THE PREVIOUS RESISTANCE ZONE...NOW IT BACK TO THE SAME RESISTANCE ZONE..
NOW THE RESISTANCE ZONE CAN ACT AS SUPPORT ZONE...WAIT FOR CONFIRMATION AND THEN GO LONG...
IF IT FAILS..THEN YOU CAN MAKE THREE TRADES WHICH SHOWN ABOVE...
TRADE CAREFULLY....
CHF/JPY AnalysisWelcome back! Please support this idea with a LIKE if you find it useful.
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CHF/JPY good Sell opportunity chf jpy is currently at very very strong yearly resistance area and market rejected multiple times from there as we cAn clearly see that market is going down to those Fibonacci retracement areas which are mentioned down below.
traders must look for bearish confirmation on lower time frames and enter short with your own money management
patience with discipline is the key
CHFJPY Will the 5 year old history repeat itself? 15Feb, 2021The region around 117.660 has been a line in the sand for the last +5 years. Every time price gets to this region, it promptly reverses course. Sometimes, it does break though for a short distance (creating a false break) but very impulsively, it falls right back.
Let’s take a look at the recent price action on the daily chart. You can see 12 attempts to break through in the last 6 weeks. The PA on Fri 12 Feb indicates yet another clear rejection of the bulls' attempt to take price higher.
Nothing in trading is a 100%, it is all about playing the probabilities and making sure that the risk in a trade is justified by the profit potential. Even with an ultra-conservative target, there is +3R available. If this works out, I can see a much lower target with an extremely attractive profit potential.
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CHFJPY SELL OPPORTUNITY at now price 117.160price may drop, cause we are on decision zone. Additional analysis =head and shoulder pattern.
If the price hit Stop loss at 117.415. we might find opportunity to buy after pullback/retest back at white zone(rbs)
MY TAKE PROFIT FOR SELL IS around:-
TP1=116.890 (previous structure break)
TP2 = 116.669(support area)
take at own risk
CHF/JPY Down to SupportThis has retraced to 0.5 Fibonacci, looking for this to now continue downwards to the support level. Need to wait for confirmation of this first as MACD and EMA's are on the bullish side, need to see MACD start dropping and EMA's to cross back over. TP is just below 0.382 Fib at 116.234.
CHFJPY - Head & Shoulder H4 (SHORT)-The price is currently in a strong Daily Resistance Zone ,
-The HNS on H4 should bring the price down to the Trendline.
Trading Strategy:
-Wait for the the price to break the trendline, short after Retracement!
[Market Breakdown 3] CHFJPYHad this pair in my previous Market Breakdown, but it seems like i was a little bit too early.
Price has approached our zone of interest quite impulsively on Friday.
It seems like the Supply & Demand zone is holding very nice as resistance.
A lot of Sell orders sitting at this region.
I will enter this Short position if we do receive some more deceleration candles.
Remain neutral and anticipate on the situation.
CHFJPY ANALYSISchfjpy supported buy sloping moving average looking for bulish. confident about bulish.
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CHFJPY amazing sell opportunityHello Traders, here is the full analysis for this pair.
Watch strong price action at the current levels for SELL. GOOD LUCK! Great SELL opportunity in CHFJPY ..
I still did my best and this is the most likely count for me at the moment ..
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