CHFJPY - Short from here ✅Hello traders!
‼️ This is my analysis of CHFJPY .
As I expected in my previous analysis the price did a retracement and now I see bearish price action as price filled the imbalance and rejected from bearish orderblock + institutional mid figure 146.500.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
Like, comment, and subscribe to be in touch with my content!
Chfjpyanalysis
CHFJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on CHFJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalances higher and then to reject from bearish orderblock.
Like, comment and subscribe to be in touch with my content!
CHFJPY: BEARISH Market Analysis! Waiting for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the CHFJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
Market on top of its previous swing high, in higher time frame it double bottomed on it moving inside a rising wedge formation, in this context usually a reversal scenario.
In lower time frame, in October the market left the wedge, still correcting above the swing for a while and recently we could see the expected reversal sharp impulse breaking the main structure.
When, where and why would we step into the market?
Overall, considering the downward impulse, our Bias is quite bearish and we would be looking only for short positions.
The market dropped for more the 500 pip, and started correcting just few session ago.
A deeper correction is needed and once it will be completed, we will be looking for a great entry price and RR if the opportunity will be confirmed.
If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias!
Sincerely,
Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
DeGRAM | CHFJPY swing zoneCHFJPY is trading in the descending channel .
The market is testing the resistance level(swing zone) and channel border.
Price action is printing lower lows and lower close.
The trend is bearish, so the price is likely to test the support level .
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
CHFJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
20 Reasons for sell CHFJPY MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW🤑
🧐Eagle eye: The trend is Super bullish and also taps the highest Ob or resistance so that a reversal can start now-massive volume at the last 12-month candle sign, an execution volume sign of long deep retracement or correction
Monthly: Last strong Bull move hit its target successfully, and now a deep correction is coming. The correction level is some whare 123.00, about 61% of the total move, because there is no FVG or Ob and other support.
Weekly: A lot of liquidity grabs and long wicks bears candle appeared on the top, make back to back higher lows since the last 10 weeks
SUMMARY
1 Structure analysis time frame: D1 a rectangle is formatted most probably lower trend line will breaks and prices will go done
2 target time frame: daily
3 Current Move: impulse
4 Entry Time Frame: H4
4.1 Entry TF Structure: bear
4.2 entry move: impulse
5 Support resistance base: h4 ob tap
6 FIB:
7-candle Pattern: Narrow range
8 Chart Pattern: head and shoulder
9 Volume: extremely high volume at the consolidation phase. It's strange and unusual. It means if the price may go down, it will be so sharp and perpendicular
10 Momentum UNCONVENTIONAL Rsi: super bearzone start
11 Volatility measure Bollinger bands: Walking on the band
12-strength ADX: bear
13 Sentiment ROC: JPY is weaker than CHF. This is not favorable but let see
14 final comments: wait till the lower trend line breakout immediately enter after the breakout
15: decision: sell
16 Entry: 144.785
17 Stop losel:146.345
18 Take profit: 134.55
19 Risk to reward Ratio:1:7
20 Excepted Duration: 15 days
20 Reason for Sell CHFJPYMULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW🤑
🧐Eagle eye: The trend is Super bullish and also taps the highest Ob or resistance so that a reversal can start now-massive volume at the last 12-month candle sign, an execution volume sign of long deep retracement or correction
Monthly: Last strong Bull move hit its target successfully, and now a deep correction is coming. The correction level is some whare 123.00, about 61% of the total move, because there is no FVG or Ob and other support.
Weekly: A lot of liquidity grabs and long wicks bears candle appeared on the top, make back to back higher lows since the last 10 weeks
SUMMARY
1 Structure analysis time frame: D1 a rectangle is formatted most probably lower trend line will breaks and prices will go done
2 target time frame: daily
3 Current Move: impulse
4 Entry Time Frame: H4
4.1 Entry TF Structure: bear
4.2 entry move: impulse
5 Support resistance base: h4 ob tap
6 FIB:
7-candle Pattern: Narrow range
8 Chart Pattern: head and shoulder
9 Volume: extremely high volume at the consolidation phase. It's strange and unusual. It means if the price may go down, it will be so sharp and perpendicular
10 Momentum UNCONVENTIONAL Rsi: sideways between 30 to 60
11 Volatility measure Bollinger bands: middle band resistance
12-strength ADX: full sideways
13 Sentiment ROC: JPY is weaker than CHF. This is not favorable but let see
14 final comments: wait till the lower trend line breakout immediately enter after the breakout
15: decision: sell
16 Entry: 144.785
17 Stop losel:146.345
18 Take profit: 134.55
19 Risk to reward Ratio:1:7
20 Excepted Duration: 15 days
CHFJPY - Bullish price action ✅Hello traders!
‼️ This is my analysis on CHFJPY .
Here we are bullish from daily perspective, so I am looking for longs. I expect continuation of bullish price action after price took out all sell side liquidity.
Like, comment and subscribe to be in touch with my content!
CHFJPY LONGPrice is in a up trend on multiple time frames. This added with a counter trendline breakout in the direction of the bigger picture trend singles a move to the upside.
Clean charts are the best. No need to overcrowd the screen with indicators to the point where you cannot see what's going on on the chart. Keep this simple guys and never
trade against the trend. Risk management of between 1- 2% is the holly grail.
CHFJPY: HTF Rising wedge for a potential REVERSE!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the CHFJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Higher timeframe:
Lower timeframe:
Since March 2022, this market has been moving inside a rising wedge, breaking out an interesting swing at around 140.000.
Although the third touch of the top of the main structure, in LTF it’s still moving with a price action slightly bullish.
When, where and why would we step into the market?
For a better entry point and RR, we would be waiting for the price to reach the LTF swing high and see the further price action, how the price will react and/or if it will break or reverse.
At the moment, not so many bearish confluences to enter a position, but we are gonna keep this market in watchlist to study its next movement.
If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias!
Sincerely,
Cybernetics Trading Lab
CHFJPY Bullish Pattern Repetition Hello traders, In today's article, I'd be sharing my analysis on CHFJPY and the reasons for my bullish bias . Here on the daily timeframe, we see a market in an uptrend as indicated by the ascending trendline. But what's more interesting to see is how we have seen a pattern repetition every time the market pulls into the ascending trendline.
We see a double bottom at every test of the trendline, and as with the rule of trading double bottoms, we would most likely be waiting on the retest/corrective move of this pair to test what retailers would consider "the neckline" of the W pattern. Alternatively, for those who use Fibonacci, we'd be anticipating a correction to either to 38.2%, 50% or 61.8% fib level and look for trend continuation inside the zone.
If this helps, please don't forget to drop a LIKE for us and support us for the release of more educational contents.
CHFJPY Buy/Long1: Trendline Breakout
2: Symmetrical Triangle Pattern Breakout
When looking at the larger time frames, we can see that CHFJPY is bullish . We have also seen the market pull back which signalled a chance to enter in the direction of the bigger picture trend.
We have listed 2 reasons as to why we will be looking to buy the pair. The trendline breakout on the daily chart signals shows the pair might have gained interest of buyers. The symmetrical triangle
pattern breakout further adds to our narrative of a continuation to the upside.
CHFJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
CHFJPY Ready to rocket Been forming a Falling Pennant in the last month...
This is a small triangular formation less than 3 months (hence it's a Pennant rather than a Wedge).
Once price breaks above, we can have a strong buy signal to hold until the first target.
Also the RSI is making higher lows and is currently above the 50 mark (bullish).
CONCERNS:
We just need to wait for the breakout...
CHFJPY | Perspective for the new week | Follow-up detailsThis is a follow-up video to my previous analysis on the CHFJPY where we were able to close last week with about 130pips profit as the Yen continues to gain traction. So, after testing its highest point since 1980 - just right above the 151.00 area last week, the price has continued to find lower lows and lower highs. Will the BoJ's intervention continue to have a positive impact on the Yen in the coming week(s)?
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.