Trade Like A Sniper - Episode 14 - CHFJPY - (4th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing CHFJPY, starting from the 12-Month chart.
- R2F
Chf-jpy
R2F Weekly Analysis - 19th May 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. Without any prior preparations on the chart, I'm going to go through various pairs, and giving a real-time view of how I perform my analysis on the weekends before the new week. I'll give my take on what has been happening, and what i'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it!
If you are lazy to watch the video, which is your loss as you will miss how I analyse the market, the TLDR is that my bullish Dollar bias is on hold until I can see May's candle closes. However, I am slightly leaning for a possibly bearish Dollar to the Yearly Bisi below, but as we know things can change in an instant as this year is also election year in the USA. All my analysis of other pairs revolve around my opinion of the DXY.
Hit me up if you have any analysis request or just want to learn how to do all of this independently by yourself.
- R2F
CHFJPY, DOOMSDAY BEAR-MARKET Scenario, Wedge-TRIGGER-Setup!Hello There!
Welcome to my new analysis about CHFJPY on several timeframe perspectives. The CHFJPY conditions have accelerated to an unnatural dynamic recently as the pair moved into new highs instead of the massive overbought condition and the fact that this main reversal into the bearish direction should have setup already long times before especially considering the deficit of capital flows in CHF against the JPY there is a lot of bearish pressure present for CHF.
On the broader perspective the pair is forming this gigantic ascending-wedge-formation in which it already penetrated the lower boundaries with crucial bearish momentum spikes into the lower direction. This means that once a huge bearish pressure spike below the lower boundary has setup this will lead to many long liquidation triggers down the road and will lead to further continuations into this perspective. When the bearish pressure accelerates heavily this will also lead to the massive head-shoulder-formation to be completed triggering further bearish liquidations and momentum.
Especially with a further increase of the deficit in capital flows between CHF and JPY this will lead to the main market momentum to convert into a bearish dynamic and will lead to the underlying bearish scenario perspective to be confirmed by traders and investors moving into a more bearish sentiment consideration. Once the whole head-shoulder-formation has completed the momentum is likely to accelerate to the target-zones mentioned.
In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated.
VP
UPDATE 2 🔥 REVENGE TRADE: CHFJPY 🔥 REVENGE LONG TERM SHORT 🔥Analysis shows that the downtrend's anchor has been broken.
To begin, it is essential to recognize that the downtrend anchor is an important indicator of market trends. Its success reveals a bearish mood in the market and suggests that the current downtrend may continue. Regardless of the confirmation, investors should proceed with caution and carefully assess their investment plan.
Second, this is one of the most volatile Exotic Pairs in the forex market. Over the next few days and weeks, I'll be keeping a close eye on price action to confirm the market's trajectory and assist you in making educated guesses. This is a HIGHLY VOLATILE PAIR, and it is highly recommended that you manage your holdings to ensure that your investment choices are aligned with your own financial goals and risk tolerance. I typically invest 2% to 3% of my total income, with a risk-to-reward ratio of 1:1.
🔥 REVENGE TRADE: CHFJPY ✨ SHORT TERM LONG 🔥TP @ 155.00
BLO @ 151.53
ADDITIONAL INFO:
00:00 Revenge Trading
01:12 Buy Order (aggressive)
02:04 Small Loss for a Big Win
02:48 I hate CHFJPY!!!
Unfortunately, our previous short position was liquidated because I based my analysis on the Oanda, which had limited historical data for this pair.
As a result of examining the FXCM chart, I've determined that there is more upside potential, so here is my revised assessment.
🔥 NEW: CHFJPY ✨ BIG PICTURE SHORT 🔥-SL @ 158.45 🚫
SLO2 @ 157.33 ⏳
SLO1 @ 155.25 ⏳
TP1 @ 151.25 (shaving 25%)
TP2 @ 148.50 (shaving 25%)
TP3 @ 145.33 (shaving 25%)
TP4 @ 143.00 (shaving 25%)
TP5 @ 138.50 (closing ALL Sell Orders)
BLO @ 137.90 (15H) ⏳👈🏾
ADDITIONAL INFO:
Unfortunately, our previous short position was "stopped out" because I based my analysis on my Oanda chart, which had limited historical data for this pair (not sure why).
As a result of examining an FXCM chart (not my broker), I've determined that there is more upside potential, so here is my revised assessment.
NEW TRADE 🔥 CHFJPY ✨ COUNTER-TREND TRADE 🔥-SL @ 151.49 🚫
SLO @ 150.75 ⏳
SSO @ 149.40 ⏳
TP1 @ 146.75
TP2 @ 142.85
TP3 @ 140.33
TP4 @ 138.66
BLO @ 138.15
ADDITIONAL INFO:
00:00 Shout Out to @oktane
00:42 Curve Analysis is DT
01:00 Sell Orders
01:20 Position Sizing @ ~2-3%
01:50 Shaving 25% @ each TP
02:23 Add-On Sell Opportunities
02:54 Demand Zone
03:04 @oktane may not agree with me 😏
04:40 Boost, Follow, Comment, Join
CHFJPY - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for CHFJPY .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
CHFJPY facing bullish pressure | 30 Apr 2021Prices are facing bullish pressure from pivot level in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension. Prices might push up towards 1st resistance in line with -27.2% Fibonacci retracement and 78.6% Fibonacci extension. If prices push down further, prices might take support from 1st support in line with 50% Fibonacci retracement. EMA is below prices, showing a bullish pressure for prices.
CHFJPY facing bullish pressure | 14 Apr 2021Prices are facing bullish pressure from horizontal swing low support, intersecting the ascending trendline support. Prices might push up from our buy entry to 1st resistance in line with horizontal swing high resistance in line with 100% Fibonacci extension and 127.2% Fibonacci retracement. If prices fall through buy entry, prices might take support from horizontal swing low support in line with 50% Fibonacci extension and 61.8% Fibonacci retracement. EMA is also below prices, showing a bullish pressure for prices.
CHFJPY facing bullish pressure | 8th Apr 2021Prices are facing bullish pressure from horizontal swing low support, 61.8% FIbonacci retracement and 127.2% Fibonacci extension. Prices might push up towards 1st resistance which is in line with horizontal swing high resistance and 78.6% FIbonacci extension. If prices fall through ascending trendline, prices might take support from 2nd support which is in line with swing low support, 78.6% FIbonacci retracement and 161.8% Fibonacci extension. The Ichimoku cloud is also below prices, showing a bullish pressure for prices.
CHFJPY Price is testing the yesterdays high right now. This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
CHFJPY Price has just rejected again on our Bearish zone This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
CHFJPY Price is retesting R2 in our bearish zone This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!