CHF/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
We are now examining the CHF/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 165.967 level.
✅LIKE AND COMMENT MY IDEAS✅
Chfjpy!
CHFJPY Next Buy opportunity 167.119 - 166.594CHFJPY Next Buy opportunity 167.119 - 166.594
CHFJPY BUY LIMIT 166.900
TAKE PROFIT 01 : 168.722
TAKE PROFIT 02 : 170.152
STOP LOSS 165.483
If fell below 165.622 Move stop to 164.900 and open one more buy order with D1 Support 164.970
Entry 165.009 and stop 164.773 Target is 166.524 and 68.771
When markets open, place your limit order with proper money management. When 1st target hit make sure to move your stop to breakeven.
✨ CHFJPY: ITF CURVE ANALYSIS (3D) ✨(DOWNTREND)
-SL @ 170.70 🚫
SSO1 @ 169.00 ⏳
SSO2 @ 165.75 ⏳
TP1 @ 159.50
TP2 @ 154.15
TP3 @ 150.15
TP4 @ 143.00
TP5 @ 140.00
SUPPORT @ 139.00
ADDITIONAL INFO:
🤔 If this Curve Analysis on the 3D chart holds, then we're going to be setup some major profit
📊 This is a VERY VOLATILE PAIR. Position Size should be no greater than 3% of your NAV
⚠️ For those who don't mind a little risk, you can place a MO-Short
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
NAV = NET ASSET VALUE
SSO = SELL STOP ORDER
TP = TAKE PROFIT
This is an Intermediate Time Frame trade (4 hours to 6 day):
— Offers a clearer picture of the underlying trend compared to short-term frames.
— Provides more opportunities for confirmation signals and technical analysis.
— Allows for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
CHFJPY a protraction move will create a massive selloffHello Everyone Hope you all are doing good. today again i got my favorite model trade setup in CHFJPY forex pair. i am expecting price to start a sell from 167.40 or above for the initial target of 162.10 level and stoploss mentioned in the chart at top around 170.51.
Trade wisdom: Wider stoploss does not mean we avoid a trade setup, it means we should use position size calculator by risking certain percentage of total capital in one single trade.
This is a higher time frame trade setup it will take time to pan out, so have patience :)
Good luck and Happy Trading.
Rizwan Ali (Fund Manager)
Accel Equity: Mark of Core Research
CHFJPY - Already Over-Bought 🌙Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉CHFJPY has been overall bullish trading inside the rising wedge in blue, and it is currently approaching around the upper bound / trendline.
Moreover, the zone 170.5 is a major previous high.
🏹 So the highlighted blue circle is a strong area to look for sell setups as it is the intersection of the green major high and upper blue trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As CHFJPY approaches the blue circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CHFJPYCHFJPY price is in the correction range. The price is now near the resistance zone. 168.665-169.960 If the price cannot break through the 169.960 level, it is expected that there is a chance that the price will reverse down. Consider selling from a correction below the level of 169.479 with targets of 162.39 and 159.14
>>Thank you and GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
A short increasing in USDJPYHi guys,
USDJPY currency has been decreased as we told you 2 months ago until support level.
Now we expect to increasing it until 147-148 and after that we will sell it again.
You could buy it with low volume until 146-147 and with decreasing signs (probably 1-2 months later) enter in sell positions.
Write your opinion here :-)
Happy New Year 2024| Learn Our Methods | Read Description|Happy New Year Everyone 2024:
Let's first talk about CHFJPY then we will talk about how you can improve and learn some tips.
CHFJPY in last six or seven months price overbought heavily due to JPY poor performance and government's zero intention to interfere in the market. However, many reports suggests that JPY will likely to be rebound in first quarter of 2024 in this case we can see a strong shift in price characteristics. Our first entry indicates, that we should expect price to continue the bearish momentum and drop from current area of the price. However, as we will having NFP in the first week of the month, it is likely to see some unexpected movement in the market. Second entry, is when price fill the gaps in the market and then drop smoothly, we will keep you updated.
We want all of you to succeed in the forex or commodities trading.
Here how you can improve:
Firstly find one or two pairs that suits you: meaning if you focus on every single instruments available to trade in the market, you will never succeed instead focus on one or two pairs and master them, know how and when these pairs move, what factors influence them in the market and trade swing highs and lows.
Secondly, use longer time frames to have a better vision, have a longer vision which will help you catch the big moves, yes, it is time consuming but if you are beginner then focus first in this and then along the way you will learn intraday trading.
Lastly, learn more about consolidation, accumulation and distribution: before the big reversal, price first will consolidate then accumulate and distribute, you should be looking to enter in phase of accumulation and take every enter when price consolidate which leads to a breakout.
If you learn above information in details and practice, your chances of becoming a successful trade increase. There is no overnight success, it is all hard work, if you believe in your self and focus on above things you will one day be proud of yourself.
Happy New Year and Trade Safe 2024.
We wish all of you all the best.
Team Setupsfx_
CHFJPY I Trading plan for 2024 ahead of BOJ Policy RateWelcome back! Let me know your thoughts in the comments!
** CHFJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
CHFJPY Technical Analysis! SELL!
My dear followers,
This is my opinion on the CHFJPY next move:
The asset is approaching an important pivot point 169.14
Bias - Bearish
Safe Stop Loss - 170.06
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 167.34
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
CHFJPY: Uptrend Faces Risks - Short Opportunity on the Horizon📈 Overview:
CHFJPY's uptrend encounters challenges with a flat top, bearish RSI divergence, and a bearish market sentiment above 90%. The neckline break signals a potential shift.
📊 Technical Analysis:
Flat top, RSI divergence, and neckline break indicate a possible reversal in CHFJPY's upward momentum.
📉 Trade Strategy:
Traders may consider a short position near the 0.236 Fibonacci level, aligning with the technical signals and bearish sentiment.
🛑 Risk Management:
Implementing stop-loss orders is crucial to manage risks during potential market reversals.
📉 Conclusion:
CHFJPY presents a short opportunity as technical signals and market sentiment point towards a potential downturn. Exercise caution and employ risk management strategies.
CHFJPY H4 | Approaching overlap resistanceCHF/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 167.390 which is an overlap resistance.
Stop loss is at 169.06 which is a level that sits above the 78.6% Fibonacci retracement and a pullback resistance.
Take profit is at 165.725 which is a pullback support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Let's move according to the trend unless...This currency pair is in a downward trend, so if we want to trade according to the trend, we consider the possibility of a fall to be stronger.
But for one day, this currency has been in a neutral trend, so the resistance range marked with red coloris an important range, and if this range breaks, there is a possibility of growth up to the price of 167.028.
Our final opinion is that this currency will grow again up to the ceiling of the channel and after that we will see a fall to the support range according to the trend.
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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
CHFJPYCHFJPY is in a correction period. The price has an opportunity to test the resistance zone. 167.636-168.234 If the price cannot break through the 168.234 level, it is expected that in the short term there is a chance that the price will go down. Consider selling.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
CHFJPY Trading Opportunity! SELL!
My dear friends,
My technical analysis for CHFJPY is below:
The market is trading on 164.10 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 163.71
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK