Chfjpyshort
CHFJPY - Too SoonI feel like it would be silly to try and sell CHFJPY from this point there is so much liquidity sitting above those high points and price moves to where orders reside. I would assume a fake break of this channel followed by a re-entry up to the highs marked or even higher. Let's see how this one progresses next week.
Break of Structure in the Making CHFJPYLook at this setup with the EMA in relation, Lower lows. Breakout occuring soon
CHFJPY - Bearish BiasCHF - BEARISH
1️⃣ COVID-19 vaccine optimism weighed on the safe-haven CHF.
JPY - BULLISH
1️⃣ Upbeat data in Japanese Industrial Production and Retail Sales for October support the JPY.
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Technical
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We are looking to sell the CHFJPY at the resistance of 115.300 on the H1 chart.
CHFJPY, 4hr tf, sell on breakout of triangle patternHello my friends,
Today is friday and we are going to trade lightly today.
I found a good setup on CHFJPY pairs.
This pair recently broken below the support of a triangle pattern which has formed since September till November.
Yesterday it finally close below it and i think today is a retest of this broken support.
We could expect downside to next support at 113.15
Sell CHFJPY 104.05
Stop loss 104.35
Take profit 103.20 (2.8R)
RR ratio 1 : 2.8
Use only 1-2% risk
Good luck
CHFJPY - Day trade by Keltner Channel 16/11/2020Max risk: 2%.
Maximum history bars/Premium account.
Commission: 4usd/trade.
Slippage: 2 ticks.
CHF/JPY SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. as always we will have to wait fora confirmation!
CHF/JPY: DaySwingtrade-preparation
Market-Sell: 115,240
Stop-Loss: 115,690
Target 1: 114,730
Target 2: 114,380
Target 3: 113,830
Stop-Loss: 45 pips
Risk: 0,5% -1%
Risk-Reward: 3,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
CHFJPY, daily tf, sell trend line retestHello my friends,
For today i am gonna trade JPY crosses pairs, as the US election could trigger risk-off sentiment.
It looks like we could see it goes wild with current development.
To keep it simple, we will only focus on the price action.
Price already broken below the ascending trend line and now retesting it.
I've marked the horizontal support and resistance as well.
This 114.60 area is an area of confluences as there is horizontal and EMA resistances.
You could clearly see some selling pressure here as the last candle stick looks like a bearish pinbar candle.
Sell CHFJPY 114.60
Stop loss 115.10
Take profit 113.25
RR ratio 1 : 2.5 (2.5R)
Use only 1-2% risk
Good luck
CHFJPY Short time sell Long time buyas we can guys, currently price at the correction phase and going to form descending channel, if price keep going down it will form a double bottom the probability for buy will be higher.
CHF/JPY Wave Analysis
After completing a 5-wave bull cycle, the counter is currently in an ABC correction phase.
It is now at a strong price action support zone and at the final stage of wave A.
Hence, we expect the pair to be bullish in the near-term.
CHFJPY going downLooking for a sell for CHFJPY if it touches the resistance area. will wait for confirmation.
NOTE: Not a recommendation. Just an opinion.
CHFJPY SWING TRADE WITH PROPER TP & SLCHFJPY
^ Trend-Neutral
^ Tendency- Bearish
^ Upward pressure
^ Key psychological resistance
^ Fundamental supports for CHF
^ Technical supports for JPY
SWING TRADE-CHFJPY
SELL ENTRY
Entry level @ 114.000
Take profit @ 112.100
Stop lose @ 114.510
190 Pips target
💌 Leave your valuable comments and suggestions related to this idea in the comment section.
Thanks for your time. Good day guys 💝
