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CHFJPY

CHFJPY Breakout and potential retraceHey Traders, CHFJPY was trading in an uptrend and then massively managed to break it out due to JPY strength. one of the reason of the Yen strength is the major changes in monetary policy that are expected from BoJ since it didn't changed the monetary policy from a long time since now. and considering that also JPY is considered a safe haven in this type of environment we still expect further strength. Technically we have noticed a breakout of the uptrend so i will be monitoring a potential retrace of the trend around 145 support and resistance zone. Feel free to ask any question in the comment section. Trade safe, Joe.
Short
by JoeChampion
4
CHFJPY - 4hrs ( Sell Trade After Retest / Tp Range 350 : 700 PIP💲Pair Name : CHF/JPY 🗨Time Frame : 4hrs ➕Scale Type : Large Scale ------ 🗒 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 ) Type : Mid Term Swing ——————————— 🔰Bearish Retest 145.000 Area Reasons 🔘- Major turn level 🔘- Visible Range poc 🔘- Fixed Range Value 🔘- Day low / week Low 🔘- Channel Retest 🔘- Fibo Golden 🔰Profit Gain's Area Bullish Reversal 141.500 Reasons 🔘- D / turn level 🔘- Fibo Golden 🔘- 3 Q / H 🔘- 2 Q / Q H 🔰Bullish Reversal 137.500 Area 🔘- Major Turn level 🔘- Month low 🔘- Pattern Full Range 🔘- Fibo Golden
Short
by GoldenEngine
1
Potential Long Opportunity on CHFJPYPrice action context clues have printed an opportunity for reversals to the upside within this zone that it is currently dropping into. If price action begins to show exhaustion at this level, then a reversal could be likely to happen. Exhaustion presents itself when you see wicks into the are but there are no candles breaking the level. Multiple wicks into an area that you have mapped out as a trade entry further validate your analysis and you should take the trade. Liquidity is being sucked from that area for a move to the opposite way. Wait for multiple wicks into your area of interest before you decide to pull the trigger for you trade. Manage your risk and keep a cool head no matter the outcome of the trade. Winning streaks can create ego, recklessness and over confidence, losing streaks can create fear, timidness, uncertainty, and hesitancy. Believe in yourself, trust your analysis and maintain zen in your life on and off the charts for best results. Happy trading!
Long
by jefferytheartist
GBPJPY I Potential bounce from demand zone 🚀 Welcome back! Let me know your thoughts in the comments! ** GBPJPY 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!
Long
by BKTradingAcademy
11
CHFJPY 5th MARCH 2023The correlation between the Nikkei index and the Japanese Yen on the daily timeframe can fluctuate depending on market conditions and fundamental factors affecting both. However, in general, there is an inverse correlation (negative correlation) between the two. NIKKEI225 5th MARCH 2023 This can be seen in situations where the yen strengthens, the Nikkei tends to weaken, and vice versa. This happens because the strength of the yen can affect the performance of Japanese exporting companies, which are the main sectors represented in the Nikkei index. If the high value of the yen makes Japanese export products more expensive for foreign markets, then the performance of Japanese exporting companies may be affected and this may result in a decline in share prices in the Nikkei index. However, it is important to remember that the correlation between the Nikkei and the Japanese Yen is not always consistent or stable, depending on various factors including global market conditions and Japan's domestic economic situation. Therefore, it is important for traders and investors to constantly monitor their movements and the factors that influence them in order to make informed trading decisions.
Short
by DNP-FX
7
CHFJPY : Short Trade , 4hHello traders, we want to check the CHFJPY chart in the 4-hour time frame. The overall trend of the market is bearish and the market is moving in a downward channel. The price has reached the ceiling of the channel and could not break the ceiling of the channel and is moving in a range zone. If the price can break the small ascending channel and also the range area and stabilize itself at the bottom of the price of 144.300, we expect the price to fall to the lower areas of the specified channel. Good luck. CHFJPY sell Entry : 144.346 Stop : 146.400 , Target1 : 142.294 , Target2 : 140.240 Risk/Reward Ratio : 2
Short
by mrAT_Trader
CHFJPY - 240 MINS MY VIEWThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
Short
by Tradelikemee
Sell CHFJPY SW 230223 13.15📌📌iDea Share Sell CHFJPY 📌📌 Link : 📍📍Open order 145.000 Sell lim 1 145.600 Sell lim 2 146.200 Sell lim 3 146.800 Sell lim 4 147.300 Sell lim 5 148.200 Tp 141.700 Sl 149.000 Warning !!! (Swing trade must be use pending orders) !!!Pending orders should be set up lot size step by step Example (15,000$) Open order 0.1 lot Sell lim 1 0.15 lot Sell lim 2 0.20 lot Sell lim 3 0.25 lot Sell lim 4 0.30 lot Sell lim 5 0. 40 lot Sell lim 6 (last order) = 0.1+0.15+0.2+0.25+0.3 = 1.1 lot Example (3,000$) Open order 0.04 lot Sell lim 1 0.05 lot Sell lim 2 0.06 lot Sell lim 3 0.07 lot Sell lim 4 0.08 lot Sell lim 5 0.10 lot Sell lim 6 (last order) = 0.04+0.05+0.06+0.07+0.08 +0.1 = 0.4 lot !!When any pending orders are open and the profits are covered by loss it is up to your decision.!!
Short
by Maximus_Provider