Chfjpyshort
CHF/JPY Looking For Shorting OpportunityFX:CHFJPY We will be monitoring price action during the move the upside as the market still has bullish momentum and as soon as the market will shift from bullish to bearish and meet our conditions we will enter a short.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
CHF/JPY SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation!
CHF/JPY: Daytrade-Preparation
Market-Sell: 119.445
Stop-Loss: 119.885
Point of Risk-Reduction: 119.040
Take-Profit: 118.130
Stop-Loss: 44
Risk: 0,5% -1%
Risk-Reward: 3,0
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Peace and good trades
Irasor
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CHFJPY weekly resistance areaHi there,
My big view on CHFJPY as follow:
CHFJPY is currently printing a weekly corrective wave B.
I can't claim that the B wave is over, only if it's makes a new weekly low to break the A wave low then I will be able to say that the B wave is more likely is over.
But, as I can see from the weekly chart, the PA is bouncing around the resistance zone (RZ), so I can sell from this zone every time then I see a sell setup.This RZ also can be violated by PA and price can go higher sharply, but as long as it is holding the RZ I am bearish on CHFJPY.
CHF/JPY New 2 Setups After Daily Closure For Long & 4H For Sell This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Possible trend shift in CHFJPY – going shortThe Tidal Shift Strategy has just sold CHFJPY at 117.904. The system recommends entering this trade at any price between 117.775 and 118.033. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -3.446, which suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.103, so the stop loss has been set at 118.419. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 75750
Time Issued: Thursday, 15 April 2021 10:00:15 GMT
Status: open
Entry: 117.775 - 118.033
Limit: N/A
Stop Loss: 118.419
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Past Performance is not an indicator of future results.
Looking to go short CHFJPY .. 13 April, 2021Let us first of all look at the weekly view
Price has arrived at rock solid multi-year resistance but with some serious momentum. I am thinking of a reversal but there is plenty of room for a profitable trade in either direction.
The H4 view still looks bullish. Note that price action is not the cleanest, but it is respecting prior levels for the most part. Have we reached a top? Not sure yet, but the next few H4 candles will provide better clarity.
My bias is to the downside, but will let PA guide me further on.
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As always, please use sound money and risk management in all your trades.
CHF/JPY New Short Trade Available To Catch This 180 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions