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Chfjpyshort

CHFJPY finishing head and shoulders, going short CHFJPY is in the middle of finishing the right shoulder of a head and shoulders pattern meaning the pair is going to fall. The pair has also just broke below a rising channel and retested it making the upcoming downtrend even more obvious. On top of that on a daily perspective we can see that not only is the pair completing a very common pattern of fall, retracement, and more fall, but the pair has also just retested a supply zone and is now dropping out of it making it even more clear that this pair is going to drop. Entry @ 113.816 SL @ 114.071 TP @ 113.358
Short
by rahiljavid
1
CHFJPY Sell Setup for Swing Trade.CHFJPY Sell Setup for Swing Trade. Sell Zone Range 113.900 ~114.100 Stop-loss 40-50-Pips. Take Profit: 112.000 (200-Pips) Please manage your risk. Use Stop loss. And do not take blind entries. If you have a question let me know. If you want to analyze any pair let me know. This is just an idea. What we see. The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly. If somebody missed the last Sell Trade than we have a second plan you could consider. Previous Analysis Link Also Attached.
Short
by TheCandlesSticks
CHFJPY SELL Setup for Swing Trade.CHFJPY SELL Setup for Swing Trade. Sell Zone Range 114.200~114.400 Stop loss 50-Pips. Take Profit: 113.500 (80-Pips), 112.700 (150+Pips), 112.000 (200+Pips) Please manage your risk. Use Stop loss. And do not take blind entries. If you have a question let me know. If you want to analyze any pair let me know. This is just an idea. What we see. The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
Short
by TheCandlesSticks
CHFJPY H1 SHORT PRICE ACTION FORECAST The Swiss Franc started the Asian session in a strong bullish note breaking through the descending trendline, capturing unexpected traders with this swiftly move. Reaching a resistance level, where the last two candles at the H1 domain signaling total rejection from the zone mentioned and RSI deep into the overbought territory, allows the setup of a short entry. The order: Type: sell-limit S/L: 20 pips - R:R | 1:2.5 - T/P: aiming towards the previous resistance level. -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER