Get started

Chf-jpy

Buy CHFJPY Triangle BreakoutThe CHF/JPY pair on the M30 timeframe presents a potentially interesting situation with a triangle breakout pattern. Potential Long Trade : Entry: Above the broken resistance line of the triangle, ideally around 167.60 after confirmation. Target Levels: 168.75: This represents the height of the triangle, measured from the apex (highest or lowest point) to the base (opposite trendline), projected upwards from the breakout point. 169.18: This is a further extension of the upside target, based on the height of the recent price movement. Stop-Loss: Place a stop-loss order below the broken resistance line of the triangle, ideally around 167.45. This helps limit potential losses if the price fails to break out and reverses downwards. Thank you.
Long
by KABHI_TA_TRADING
7
CHFJPY Hit the 1D MA200 after 1 year!The CHFJPY pair almost hit the 172.500 Target that we set on our previous call (December 19 2023, see chart below): Since then it has pulled back significantly, giving rise to a new Channel Up pattern. The major development is that it is about to touch the 1D MA200 (orange trend-line) for the first time since April 06 2023. We are prepared to buy after it breaks, at the bottom (Higher Lows trend-line) of the Channel Up, or if the 1D RSI hits the bottom of its Channel Down first, and target the Higher Highs at 173.500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
CHFJPY 4HR Analysis My name is Kieran Trewick and I am a full-time trader with 6 years of experience in the industry. With my coaching service, you will have the opportunity to work directly with me to learn the ins and outs of Forex trading and gain the knowledge and skills you need to become a successful trader. One of the unique aspects of my coaching service is that it goes on indefinitely. This means that even after you become confident in your own trading abilities, you will still be able to communicate with me and receive ongoing support and guidance. During our coaching sessions, I will teach you everything you need to know about trading Forex, from the basics and fundamentals to more advanced strategies and techniques including that of my own. This includes how to use trading platforms, which brokers to choose, how to place trades, and how to understand different order types and tools. I will also cover topics such as trend lines, support and resistance, price action, trading psychology, and in-depth analysis of indicators and some of my winning strategies. As everyone learns at a different pace and has a unique approach to trading, I have structured my coaching service to be indefinite. This means that I will continue to work with you until you become a successful, consistent trader who is confident in conducting your own analysis. If you are interested in signing up for my 1-1 coaching service, please contact me directly or visit my website for more information. I look forward to working with you and helping you achieve your goals as a Forex trader! URL: kierantrewick .info
Short
by OfficialKieranTrewick
CHFJPY: Fundamental Insights on Swiss InflationHey Traders, in today's trading session, we are monitoring CHFJPY for a selling opportunity around the 170.500 zone. CHFJPY is currently in a downtrend and appears to be in a correction phase as it approaches the critical 170.500 support and resistance area. Now, let's delve into the fundamental analysis shaping this trade. One fundamental factor influencing CHFJPY is the easing inflationary pressure in Switzerland. Recent data indicates a slowdown in inflationary trends in Switzerland, which may weaken the Swiss franc against other currencies. This easing inflation could contribute to downward pressure on CHFJPY as traders anticipate a softer Swiss franc in the forex market.
Short
by JoeChampion
CHFJPY Short Analysis + Trade IdeaCHFJPY 4HR Analysis + Trade Idea by OfficialKieranTrewick Looking for a 4HR fractal pivot rejection off 170.750-171.000 to provide good entries for shorts down to 169.500 - 167.000, The daily trend is very strong with chfjpy ongoing since 2021 and with multiple recent rejections off the latter side it seems it may be loading up for the surge into ATNH but with how strong of a resistance there has been at 171.500 i am not sure if this will be anytime soon, and with how strong the trend has been there is definitely room for some exhaustion down to 165-163 without affecting any long term market structure. Currently where the inner trend meets the underside of the largescale trend within a large range zone block trapped between 50% and a strong resistance level, the key here is just patience and waiting for the right confirmations to play out. On friday I already entered a short position with my VIP group from around 170.850 with various take profits levels down to 170.750, 170.500, 170.250, and 169.250.
Short
by OfficialKieranTrewick
CHFJPY: The rally has only just startedCHFJPY is technically bullish on its 1D timeframe (RSI = 60.353, MACD = 0.670, ADX = 36.092) but the picture is more efficiently depicted on the 1W chart where it has already completed three straight green weeks. The 1W RSI points to a multimonth rally comparable to those that started in May 2022 and March 2023. Both peaked at a little over +18.00%. This time though the price is already near the top of the Channel Up so we will wait for it to break and validate the rally bias (TP = 185.000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
2
CHFJPY Breaking above the 1D MA50 and confirming the buy.The CHFJPY pair hit our 169.100 bullish target, after the 1D MA50 (blue trend-line) held, as presented on our November 06 call (see chart below): The current Bullish Megaphone that it has been trading in, has been very consistent. The recent Higher Low was made on the 0.786 Fibonacci retracement level such as the October 03. That was the first buy signal but now that the price is breaking above the 1D MA50 (needs to also close the candle above), we have the confirmation. On top of that, the 1D MACD is about to form a Bullish Cross. The previous Higher High was priced exactly on the -0.236 Fibonacci extension so as a result we will target the new -0.236 Fib at 172.500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
2
CHFJPY possible expansionAfter price broke structure with momentum, it began to retrace aggressively. This was to ensure that it takes out all internal structure liquidity that accumulated during the previous expansion. Since the pair has been moving bullishly, the strong low should hold and the high should be taken out as some of the uptrend properties. Price has now approached an extreme demand that lines up with our golden zone properties for extra confirmation. Since price has now nearly cleared up all internal liquidity, it could clear the rest and precede use this demand zone to expand further up to take out the latest weak high.
Long
by BlackTygaTrades
CHFJPY Low risk trades on the 1D MA50 closing.The CHFJPY pair is trading within a Bullish Megaphone for almost 4 months (since July 12) and is on a rebound on the 1D MA50 (blue trend-line). Technically it priced the Higher High of the Megaphone 2 weeks ago so this should be the bearish leg towards its bottom (Higher Lows trend-line). Especially since the 1D MA100 (green trend-line) broke last month for the first time since March 29th, the trend should start shifting more towards bearish on the long-term. Since however our focus is more on the short/ medium-term, we will continue to take it a step at a time and as long as the price is closing above the 1D MA50, we will be bullish, targeting the top of the Megaphone again at 169.100. If however we get a 1D candle close below the 1D MA50, we will take the loss and sell instead, targeting the 0.786 Fibonacci retracement level (where the previous Higher Low was priced) at 161.900. Note that the 1D MACD is currently on a Bearish Cross, which favors selling. Still, our trading plan a low risk and high return approach. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
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
by VincePrince
10