Short if the price fails to close above & forms lower lows & lower highs
1 resistance area.down viwe. Sl maintain and watch trading
Bullish Trend Bullish Counter Attack Candle Pattern, upward Trend to continue
CHFJPY showing Selling pressure on QUARTERLY / MONTHLY time frame. If MARCH candle closes as RED, it may go down till any GOOD QUALITY monthly / quarterly DEMAND AREA. In that case it can create good quality Supply Zones on Lower Time frame (Daily, 12hrs, 8hrs, 4hrs) with good risk reward ratio (minimum 5:1).
Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade, this post is for educational purpose only . warning :- do not jump directly or do not copy my trades DO your analysis properly
Here is my analysis for CHFJPY on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
TRADE ACCORDING TO ZONES. It is in the uptrend in all time frames.
Swiss Franc has been bullish against the Japanese Yen from long time due to its strong economy, now the Swiss Franc is near its all time high of 168.400, which was made in October, there are two scenarios which can be, the 1st one is that it will retrace before moving up further and the levels of retracement can be 167.176 and if broken can reach up to 165.136. If...
We saw CHFJPY Short Because, CHFJPY Ascending Channel or Descending Triangle Breakout in 1H Time Frame .
Hi Guy's, If anyone agree with me so they can take a call and if you like my idea so please appreciate once.
Risk 0.5% TP1 = 1:2 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A...
On h4 and D1, it is looking bearish. H4 confirmation is already in check overnight. 140-150 pips will be easy target. In a day or two days, target levels might hit. Starting with 0.1 + 0.1 lot right now on differential levels. If is drags down, then getting more qty on smaller TF resistance. My overall risk on this trade will be 1 lot max out of 100 total lots.
We saw CHFJPY Short Because, CHFJPY Make Triple Top and Ascending Trine Line Breakout
FX:CHFJPY As you can see that CHFJPY has created a Symmetrical Triangle in 1Hr Time frame. wait for the breakout and Take retest entry. Plan your trade accordingly....
Made a double top-like pattern near resistance in 15 min timeframe
CHF JPY downside move possible selling below the 162.340 Stoploss 163.764 Target 160.081
CHF JPY upside move possible Buying above the 164.036 Stoploss 162.814 Target 166.525