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Chfjpyshort

CHFJPY Starting To Face BEARISH Pressure...Potential Reversal!!!As we are heading towards the 161.8 fib level as well as a strong resistance level @118.00 price level, today's candle show us a nice BEARISH sign. We could see an early reversal soon for CHFJPY with signs of reversal. From a bollinger band point of view, we can see that a price level is already at the upper band with a nice rejection off it. I will be seeing price level to drop all the way down to 100 fib level as of now, also where a strong support level is at. For now, I will trade the BEARISH movement with additional position when we see it bulling up to the strong resistance level (or 161.8 fib level). 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!!!
Short
by YGForex
1
CHFJPY short trade idea (ROADMAP)a rising wedge pattern gives us a short market bias but we need more evidence before placing any sell order, wait for the price to breakout the support level 1! **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
Short
by GWBFX
3
CHFJPY POSSIBLE SHORT**ENG** - Price is now reaching our 4H resistance level, we are expecting a drop from this area to the 38,2% FIB zone, RSI is also on the verge of crossing to the overbought side, wait for a candle confirmation before entering. **PT** - Preço está de momento a atingir a nossa zona de resistência nas 4H, estamos à espera de uma queda nesta zona, fazendo um pullback até à zona dos 38,2% do FIB, o RSI também está bastante próximo de níveis sobrecomprados, aguardar por vela de confirmação antes de entrar. Em caso de quebra, apenas entrar no retest.
by Wevesting