Chfjpy!
CHF/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
CHF/JPY is making a bullish rebound on the 4H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 167.610 level.
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CHFJPY "The Swissy" Bank Money Heist Plan on Bullish SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist CHFJPY "The Swissy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1H timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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CHF/JPY BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are going long on the CHF/JPY with the target of 168.925 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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CHF-JPY Will Keep Falling! Sell!
Hello,Traders!
CHF-JPY is trading in a
Downtrend and we are
Seeing a bearish breakout
Of the key horizontal level
Of 167.000 which reinforces
Our bearish bias and we will
Be expecting a further move down
Sell!
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CHF-JPY Risky Long! Buy!
Hello,Traders!
CHF-JPY fell down sharply
Then hit a horizontal
Support level of 166.517
And we are already seeing
A local bullish rebound so
We will be expecting a
Further bullish correction
Buy!
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CHFJPY Sell-off to be extended.The CHFJPY pair has been trading within a Channel Down pattern since the July 11 High and has currently already started the new Bearish Leg, having failed to break above the 1D MA50 (blue trend-line). Until it does, the trend will remain bearish.
This Leg targets the 1W MA100 (red trend-line) and our Target is 161.500. We will swift to buying again after the CCI prints two straight Higher Lows, similar to August 05 and April 02, but we will update when the time comes.
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Is the Yen Set for a Comeback? Analyzing EUR/JPY,GBP/JPY,CHF/JPYThe Japanese Yen (JPY) has been one of the weakest currencies in the past three years, with some pairs experiencing a significant 70-80% devaluation, particularly against CHF, EUR, and GBP (CHF/JPY, EUR/JPY, GBP/JPY).
However, since reaching a low in early July, the JPY has shown signs of reversing.
When looking at the JPY Index (see posted chart), we can observe that the price recently broke above the falling resistance line within its downward channel.
After initially stalling at resistance, as marked by a bearish Pin Bar, the subsequent fall lacked continuation and instead reversed upwards.
Currently, the JPY is on the verge of a significant breakout.
If this breakout occurs, the technical target for the next mid-term move is around 860, which would represent a potential 10% appreciation for the Yen.
Key JPY Crosses to Watch:
EUR/JPY:
After breaking out of its rising channel, EUR/JPY confirmed the breakout as valid and has begun a downward trajectory. Yesterday's strong bearish engulfing candlestick suggests that further downside is highly likely. A possible first target could be the 150 zone.
GBP/JPY:
GBP/JPY attempted to recover above its broken support but failed to hold those gains. Like EUR/JPY, GBP/JPY also printed a strong bearish engulfing pattern yesterday.
This suggests a lower high may now be in place, with potential downside targets around 178.50, followed by the 170 zone, which seems a strong possibility.
CHF/JPY:
www.tradingview.com
CHF/JPY has seen one of the largest devaluations of the Yen, amounting to almost 80%. The top in this pair was marked by a head & shoulders pattern, and the price is currently sitting at the neckline. A break below this level seems imminent, with 160 being a likely target. If the correction deepens, we could even see a move toward the 151 level.
Conclusion:
These are long-term predictions, and I anticipate these movements to materialize by the end of the year.
P.S: Stay updated on these charts as conditions evolve. These predictions are based on technical analysis and market patterns for long term, so monitoring changes is crucial.
Best Of Luck!
Mihai Iacob
CHFJPY Is Bullish! Long!
Here is our detailed technical review for CHFJPY.
Time Frame: 5h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 169.713.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 170.855 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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CHF/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
Previous week’s red candle means that for us the CHF/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 170.058.
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CHFJPYCHFJPY price is near the strong support zone 169.355-168.854. If the price cannot break through 168.854, it is expected that in the short term, there is a chance that the price will rebound. Consider buying in the red zone.
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Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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CHFJPY Potential DownsidesHey Traders, in today's trading session we are monitoring CHFJPY for a selling opportunity around 170.800 zone, CHFJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 170.800 support and resistance area.
Trade safe, Joe.
CHFJPY: Bearish Continuation & Short Trade
CHFJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell CHFJPY
Entry - 172.60
Stop - 173.43
Take - 170.95
Our Risk - 1%
Start protection of your profits from lower levels
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CHFJPY - 4hrs ( Buy Trade Target Range 320 PIP ) Pair Name : CHF/JPY
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bullish Break
172.500 Area
Reasons
- Major Turn level / W
- Visible Range Lvn
- Pattern Break
- Choch Zone
- Fixed Poc Area
Bearish Reversal
177.000