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Chfjpyanalysis

CHFJPY | Perspective for the new week | Follow-up detailsAfter testing its highest point since 1980 - just right above the 151.00 area last week, the CHFJPY lost over 600 pips to signal a risk of further decline as projected in my previous analysis on this pair (see link below for reference purposes). Will the BoJ's intervention in the FX market signal a boost for the Yen in the coming week(s)? This video illustrates the trading option I am looking forward to 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.
Short
by darcsherry
CHFJPY Potential Selling Opportunity!Hello Traders, In this week's trading session we will be monitoring CHFJPY for a Sell opportunity in and around 146.200 trend break area. Once we get a bearish confirmation the trade will be executed and shared with our premium members . - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contr
Short
by BiggainLTD
2
Update On CHFJPY SELL Trade Target HitJust a quick update on the CHFJPY SELL position I have been in and posted about you can read the post below I was aiming for the 144 which was the current trends previous high and would be the first easy target when this market dropped as it did today. I've closed 75% of the position and will leave the rest running as this can turn into a nice trade The money is in the higher timefrmae charts especially in times on HIGH volitilty as the big moves happen on the big charts not the small timeframes the great thing about tradingview is that you can't delete what you have posted before. if you read my previous posts you will learn that using weekly and monthly charts to locate SUPPLY/DEMAND and SUPPORT/RESISTANCE areas and using smaller timeframes from entry signals increase your probability tenfold
Short
by TheFxAce
CHFJPY | Perspective for the new week A successful breakout of the supply zone at the 144.00 area at the beginning of this month incited a strong bullish momentum. However, the character of the price movement during the course of last week's trading session insinuates a possible decline in the momentum as the reversal pattern evolves after multiple rejections of the 150.600 area. In this video, I have illustrated how I intend to trade the CHFJPY in the coming week. 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.
Short
by darcsherry
1
FINALLY!! A SELL Signal On The CHFJPY :)Ok finally we have a Daily SELL signal on my indicator as per my post on the 07/09/2022 were in my analysis of the CHFJPY I was looking for a signal to sell above 146 as we entered a long term SUPPLY/SELL zone. This pair has rallied pretty hard since I posted that analysis and there has been no signs of it slowing down till today after it broke the 150 mark yesterday finally the indicator has give a SELL signal allowing me to enter the market for the long term idea My first target will be the current trend's previous HIGH at 144 which was taken out last week on the way to 150 the is also a weekly DEMAND/BUY zone around the 141.5 - 140 area which the market may target break of this zone will allow the market to drop down towards the 134 long term target. For now will target 144 or slightly below stop loss is well above the current trends HIGH above 153 refer to my previous post for detailed analysis
Short
by TheFxAce
3
Today I will be looking to SELL the CHFPY above 149 on any 15minToday I will be looking to SELL the CHFPY above 149 on any 15min or 30min signal on my Price action signal indicator and will target Friday's low or lower at 147.5. The reason behind this trade is I am expecting a correction to start occuring very very soon both short term and long term if you look at both the RSI and Stochcastic indictaors all the major timeframes from the 4hr up are over the 80 level and on the stochcastic all the major timeframes are just shy of the 100 level this is all pointing to a major correction especially as we are also in a Major Monthly SUPPLY/SELL zone (see my long term swing idea from last week) Also we are seeing divergence occuring on the MACD on the 4hr and daily charts all this is indicating both a short term correction and a long term correction yes the Yen is very weak at present with the fundamentals though all the above reasons are indicating a reversal. I will look to enter only on a 15min or 30min signal above 149 and will have a stop loss aroud 40 to 60 pips will target Friday's low this is a day trade idea so will be closed ny tomorrow's Asian or Euro session.
Short
by TheFxAce
1
Looking To SELL CHFJPY Above 146 (Only If This Signal Occurs)We have to go all the way back to 1980 to see the last time the CHFJPY was at current leveks which is pretty insane as have all yen cross pair moves this Year and picking tops is very risky hence waiting for the correct signal is important. Looking at the monthly charts we are now in a SUPPLY area from 1980 on daily charts we have broke out off a congested period to new highs and likely to push up above 146 towards 147 which is were i will be waiting for a SELL signal on my custom price action indicator on Daily or Weekly chart when the signal occurs I will place STOP above 151 and will target the 134 area. The indicator when inside keys areas give very high probability signals so I will wait for a Daily or Weekly signal the higher the timeframe the signal the better
Short
by TheFxAce