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Chfjpyanalysis

CHFJPY Bullish Uptrend Movement!!!What we can see now for CHFJPY is a completion of a double bottom formation respecting the support level @113.05. This potentially gives us a bullish outlook as currently we are seeing a bearish retest to the broken resistance level @113.28. I believe we could see a "W" formation forming as it bulls. If not a retest to the trend support level is possible before it bulls. Therefore, as you trade CHFJPY, remember to place your SL well . 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!!!
Long
by YGForex
CHFJPY [Weekly Directional Analysis]Simple Analysis on CHFJPY: Current trend is Bullish, we have reached the previous RESISTANCE area which forced market to pullback, however current we are holding at 38% fibonacci level which could push price to upside to reach a new target high. Otherwise, if sellers dominate we may fall downside to previous Support & Resistance area before continuing the bullish trend. At the moment, we are looking at Price Action on Daily chart for confirmation to BUY or SELL signal. Follow for more Analysis, i have nothing to sell to you but i'm providing more values to the community for free ! Best Regards.
by arksid_fx
CHFJPY long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **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
Long
by GWBFX
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