CHF/JPY Gave Good Bearish P.A , Is It A Good Time To Sell ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CHFJPY
CHFJPYIs CHFJPY exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 175
What you guys think of it?
CHF/JPY SENDS CLEAR BEARISH SIGNALS|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 176.199 level.
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SWISS ABOUT TO REVERSE? CHFJPYTomorrow morning there are important news regarding Swiss interest rates. I was looking for a good setup on a CHF pair, and CHFJPY looks good for a short. I think we could see a bullish spike to liquidate shorts, then it can reverse and drop touching the main support zone at 177.00
CHFJPY I Yen remains weak however expect a potential pullback Welcome 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.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
CHFJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
CHF/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
The BB upper band is nearby so CHF-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 173.688.
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Buy CHFJPY Triangle BreakoutThe CHF/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 175.24
Target Levels:
1st Resistance – 175.82
2nd Resistance – 176.10
Stop-Loss: To manage risk, place a stop-loss order below 174.50. This helps limit potential losses if the price falls back unexpectedly.
Opportunity Breakdown:
Triangle Breakout: Price action recently broke above a bullish triangle, a continuation pattern suggesting further upside potential.
Retest Confirmation: The price has retested the broken resistance line of the triangle and held, indicating strong buying pressure. This retest adds confidence to the breakout.
Ichimoku Cloud Support: The current price sits comfortably above the Ichimoku cloud, a technical indicator that often signals bullish momentum when the price is above the cloud.
Thank you.
CHFJPY - Biggest Trade Of The Year! CHFJPY is setting up to what could be the biggest trade of the year. We are anticipating a drop of atleast 1,600pips!
We are currently in an ending diagonal indicating that we have almost completed this bullish wave and that we should be ready for to sell.
The breakdown of the ending diagonal is as follows: 5 waves consisting of 3 subwaves each. We are in the final 5th and final wave and looking for a massive breakdown soon.
Please note that the 5th wave can extend or fall short of the diagonal resistance so do take that into account.
Trade Idea:
- Watch for signals of reversal
- once seen, enter with stops above highs
- Targets: 167 (900pips), 160 (1600pips), Swing TP: 148 (2800pips)
You do to have to risk big to win big when it comes to swing trading!
Goodluck and as always, trade safe!
CHFJPY - Look for a long !!Hello traders!
‼️ This is my perspective on CHFJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to continue the retracement to fill the imbalance and then to reject from bullish order block + institutional big figure 174.000.
Fundamental news: Next week on Friday (GMT+3) we have important news in Japan, we will see results of Interest Rate. Pay attention to the result in order to validate the analysis.
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CHF/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
CHF-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 172.716 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the CHF/JPY pair.
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Trade Like A Sniper - Episode 14 - CHFJPY - (4th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing CHFJPY, starting from the 12-Month chart.
- R2F
Strifor || USDJPY-29/05/2024Preferred direction: BUY
Comment: The probability of a fall in the instrument remains, as we wrote about earlier, but we need to consider the global direction as a priority. As for the medium-term prospects, most likely they will develop in favor of the buyer, as well as the long-term prospects. The focus is on the resistance level of 160.209 , this year's high. We consider scenario №2 after the price approaches support at level 153 , but it is not advisable to try to short here. Scenario №1 is a priority, as are medium-term long in general.
Additional comments on this trade will be provided as situation changes. Follow us!
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CHF-JPY Bearish Bias! Sell!
Hello,Traders!
CHF-JPY went up sharply
But the pair has hit a
Horizontal resistance level
Of 172.690 and we are
Already seeing a bearish
Reaction so we will be
Expecting a local move down
Sell!
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CHFJPY A Fall Expected! SELL!
My dear followers,
This is my opinion on the CHFJPY next move:
The asset is approaching an important pivot point 172.41
Bias - Bearish
Safe Stop Loss - 173.02
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 171.51
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
CHFJPY Is Very Bearish! Short!
Here is our detailed technical review for CHFJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 172.156.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 170.706 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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