JPYCHF trade ideas
💡Don't miss the great sell opportunity in CHFJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (119.80).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 119.56
TP2= @ 119.01
TP3= @ 118.86
TP4= @ 118.61
TP5= @ 118.41
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
chfjpy selling sideHello guys i had find this 4h setup which is giving good selling opportunity with above resistance sl and below support tg also plzz do your own analysis before taking any trade if you like my analysis plzz like share and follow thank you
sell side chfjpyHello guys i had find this setup in 4h timeframe which is in downtrend and come for retracement we have a good setup here to trade with high RR we can sell here with above swing high sl and near support tg also plzz do your own analysis before taking any trading decision if you like my analysis plzz like share and follow
Bull on the wayMarkef rejection on demand area and lowertime fram bos is conformation for market bullish
Long on ChfJpy Strong Deman area and overall bullish market. The zone was tested once wait for the second test and I will be entering
CHFJPY OUTLOOK This is not a financial advice, only meant for educational purposes.
This the technical outlook of for the week. IF the set-up above plays out, we will be be looking forward to short the pair, provided it satisfies the below conditions at that level
**Indicator predicts the reversal/weakness at that level
** Making sure other correlating pairs are also reversing
**Candlestick Pattern at that level
super bullish in CHFJPYCHFJPY looks super bullish it has broken the resistance line clearly in weekly chart.
one can create long positions with target of 134.
RR is 3.14
SELL CHFJPY Look at my chart carefully, touched the trend line for 6 times. Market might pull back (TP1) or might start reversing (TP2). Let's wait and see SL is of 31 pips..
CHFJPY - Waiting for entry bias confirmationLevels to be looking for entry
1. 3rd Test of the structure boundary
Entry Signals to looks for
1. Engulfing (after price breaks the above mentioned level and reverses)
2. Pin-bar (after price breaks the above mentioned level and reverses)
CHFJPY Potenziell ShortGuten Morgen alle zusammen,
könnte mir nach einem Break der Trendlinie nach unten einen TP1 beim eingezeichneten Bereich vorstellen.
LG
