CHFJPY | Bearish Harmonic Reversal PatternBearish harmonic Gartley reversal pattern formed and The price has rejected from the potential reversal zone ( PRZ ) its is likely to reverse the trend from here. The price is now making LH and LL .
CHFJPY
CHFJPY LONG - MORE UPSIDE EXPECTED!Waiting for price to retrace into 143.765 to long CHFJPY back to 4H swing highs at 147.191
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20 Reason for Buy CHFJPY 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle Eye: The market is currently approaching the all-time double top area and momentum remains bullish. It will be interesting to see what happens next.
2:📆Monthly: A strong and established bull trend has been forming for the past 9 months, indicating the potential for a future bull run.
3:📅Weekly: Last week, the market took a strong bullish support at the Fib 38 price level of 137.800. A doji with confirmation suggests that everything seems bull supportive.
4:🕛Daily: While the market has been in a clean bearish trend, a QC of the last 15 candles indicates that the trend is weakening. A minor correction is expected, followed by a potential buy entry at this level.
😇7 Dimension Analysis
🟢 Analysis Time Frame: D1
5: 1 Price Structure: Currently showing an inner bullish structure.
6: 2 Pattern Candle Chart: A "N" pattern suggests a proper bullish formation, indicating a potential buy signal.
7: 3 Volume: A massive volume in the current consolidation area can be seen.
8: 4 Momentum UNCONVENTIONAL RSI: Currently showing sideways to bullish momentum.
9: 5 Volatility measure Bollinger Bands: No significant volatility has been observed yet.
10: 6 Strength ADX: Currently showing total sideways movement.
11: 7 Sentiment ROC: The CHF is stronger than the JPY based on the ROC monthly period 1.
✔️ Entry Time Frame: H4
12: Entry TF Structure: A bullish structure has been observed.
13: Entry Move: The current move is corrective, and waiting for an impulsive move to start is recommended.
14: Support/Resistance Base: The daily FVG support area can be used as a base for potential trades.
15: FIB: Waiting for a trigger event or trend line breakout is suggested.
☑️ Final Comments: It is recommended to wait for the correction to end before making a trade. Once the correction ends, a 15-minute bullish candle can signal a potential buy entry.
16: 💡Decision: Buy
17: 🚀Entry: 144.400
18: ✋Stop Loss: 140.700
19: 🎯Take Profit: 160.633
20: 😊Risk to Reward Ratio: 1:4.22
🕛 Expected Duration: Based on the current analysis and market conditions, it is estimated that it may take up to 2-3 weeks for the price to reach the target price of 160.633. However, market conditions can change quickly, and it is important to regularly review and adjust your trades accordingly.
CHFJPY TO CREATE NEW HIGHSAll timeframes proves bullish and I expect price to retrace to 144.000 support zone before sailing to 147.540
CHFJPY, in a triangle, shooting starPrice is moving in a triangle and has pulled back from resistance, forming a shooting star candle.
The targets are the previous support levels:
143.8; 142.2; 141.4
D1:
Good trading!
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CHFJPY - 12hrs ( Sell Trade After Retest Tp Range 300 PIP ) 💲Pair Name : CHF/JPY
🗨Time Frame : 12hrs
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( ↘️ Short After Retest )
Type : Mid Term Swing
———————————
🔰Bearish Reversal
146.100 Area
Reasons
🔘- Major Turn level
🔘- Visible Range Hvn
🔘- M / H Area
🔘- Fibo Cluster
🔘- Channel Retest
🔘- Fixed Range Lvn
🔰Bullish Reversal
142.500 Area
Reasons
🔘- Major Turn level
🔘- Visible range Poc
🔘- Pattern target
🔘- Q Area
🔘- Fibo Golden
CHFJPY - 12hrs ( Down + 100 PIP / Tp 1 > Full Tp 300 PIP ) Pair Name : CHF/JPY
📉Time Frame : 12hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Short
➕ Educational
—————**-
🔰 Update - VIP Opportunity
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🔰 Down + 100 PIP.
Target Hit ( 1 )
Account Growth 7.5 %
CHFJPY Double Top Bearish Divergence 1H TFCHFJPY instrument shows bearish divergence with double top reversal pattern at 1H TF. I draw three support as S1, S2 and S3. S2 support is exactly at TP1. Therefore, TP1 has huge probability of test. TP2 project lies between S2 and S3. I took a trade, but not hopefully that my TP2 will get hit. If gets hit, i think the instrument might retest the S3 support.
CHF/JPY Multi-Timeframe & Order Flow AnalysisHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
CHFJPY BULLISH on LTFBullish Continuation Expected after Repeating Bullish Flags on 30 Minute TF.
No Bearish Divergence Expected.
Long Order placed on Entry Line
R : R 1: 1.5
CHF/JPY Looking For Short Opportunity CHFJPYAs we can see, the market is currently testing Fibonacci retracement to the 0.618 level.
The 0.618 is also standing on a strong market structure of resistance which we can expect the market to reject in the short term.
We will approach this trading opportunity by monitoring price action during the move to the upside as the market still has bullish momentum and as soon as the market shifts from bullish to bearish and meet our trading 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.
USDJPY I Local short from resistance zoneWelcome back! Let me know your thoughts in the comments!
** USDJPY 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.
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CHFJPY - MASSIVE 280pips RUN Incoming!// THE DIRECTION //
CHFJPY direction is currently SHORT - TERM BULLISH (Reason - PA is coming from a DT formation, a retracement is needed. )
// #1 ENTRY // -: Enter on the break of the BL (Baseline) to the UPSIDE.
// #2 Entry // -: Enter around the PW.5 (PWH/L Mid point) Line is on the chart.
// INVALIDATION //
Exit when price close below the Invalidation line on H4
I will post money making trades like this everyday.
CHFJPY possible idea for buy setup?If price able to break above price 149.330 , I believe there is a good opportunity for buy setup.
CHFJPY I Intraday short opportunityWelcome 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 Potential DownsidesHey Traders, in today's trading session we are monitoring CHFJPY for a selling opportunity around 144.100 zone. CHFJPY is approaching an important support and resistance zone of 144.2, once the rejection is confirmed i would set 141.500 zone of the trend as a target as it's considered the next major support zone CHFJPY will be facing.
Trade safe, Joe.
CHFJPY INVERTED CUP AND HANDLE BEARISH TREND CHFJPY Inverted Cup and Handle Bearish Continuation Trend.
There seems to be no Divergence at RSI at the inverted Cup and Handle so it seems to carry on as downward continuation pattern.
Our Entry will be at the bottom end of the inverted cup and using Sell Stop Order i.e. Entry Price 140.791
Our Stop Loss will be the top of the Handle i.e. 142.626
Our TP1 will be the Diagnal length of the cup in total but we use our TP1 same as our stop loss i.e. TP1 138.931
Our TP2 will be TP2 i.e. 137.039
OUR LOT SIZE IS 0.07
Chfjpy Getting Ready For Massive Bearish Rally Seems Like Getting Ready For Massive Bearish rally
Forming Ascending Broadening Wedge Incase Of breakout expecting 700 to 800 Pips bearish Move
Chfjpy Analysis Forming Ascending Channel In h4 Timeframe Incase Of breakout Expecting 250 to 280 Pips Bearish Move
always wait for confirmed breakout to enter or open any position
CHFJPY: Classic Bearish Setup 🇨🇭🇯🇵
CHFJPY has nicely respected a confluence zone based on a horizontal 4H resistance and a 0.5 retracement of the last bearish impulse.
The price formed a double top pattern on that and broke its neckline.
Probabilities will be high that the pair will drop lower soon.
Goals: 141.172 / 140.363
❤️Please, support my work with like, thank you!❤️
CHFJPY SELL SETUPHet Traders,
Check this analysis out, there are two ways CHFJPY could plays it's sell off out.
Currently the par is making an inverse head and shoulder pattern which could ultimately result to the pair pushing back to retest the upper boundary of the current channel. Where a sell order will be awaiting it.
Or the price can make a quick trip to retest the supply level and then follow by a sharp rebound to the downside.
Still worthy of watching out.
CHFJPY: Bearish outlookThe CHFJPY currency pair is currently encountering resistance at the 144.205 level, where previous selling activity suggests a potential drop in value. This outlook is further corroborated by the emergence of a well-formed harmonic reversal pattern, specifically a bearish butterfly. Moreover, a bearish engulfing candlestick pattern materialized on the weekly chart on March 12th, while a bearish doji star pattern on the M30 timeframe exhibited strong bearish pressure within the 144.207-144.083 region.
Based on this analysis, a short position in the CHFJPY pair appears valid (though the monthly candle is currently bullish), with a short-term target set at 143.245 and a medium-term target at the initial support zone.
