Chfjpyanalysis
CHF/JPY SELL SIGNAL
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CHF/JPY: Daytrade-Execution
Notice: For those who want some additional risk in the market. Rememeber that all trades are risky ahead the FOMC-Meeting.
Market-Sell-Order: 124.715
Stop-Loss: 124.900
Point of Risk-Reduction: 124.540
Take-Profit: 123.785
Stop-Loss: 18,5 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
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Peace and good trades
Irasor
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CHFJPY Long OpportunityHere is my analysis for CHFJPY for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND?
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
CHF/JPY SELL SIGNAL Hey tradomaniacs,
CHF/JPY:Daytrade-Execution
Market-Sell-Order: 124.860
Stop-Loss: 125.070
Point of Risk-Reduction: 124.715
Take-Profit: 124.045
Stop-Loss: 20,5 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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CHFJPY ShortCHFJPY broke out last week with sell pressure and at the end of the week it retraced all the way back to retest as resistance. Price rejected to confirm sells once again. Nor price just came up to the 78.6 level of the fib and rejected so we are entering a sell with clear bearish pressure on higher timeframes
CHF/JPY: A Year of Uptrend! Hello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the asset , 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.
My ideas are for those who are interested in improving their financial education and for those who are looking for new trading opportunities, according with their own strategies.
Weekly timeframe:
Daily timeframe:
4 hours timeframe:
Overall this market is still trending to the upside, moving inside a strong ascending channel.
Very poor trading activity to the lower value of the channel is still a clue of strong uptrend and no really clear sign of trend reversal.
However the price is retesting a local key level and the possibility of market retracement is quite high!
When, where and why would I step into the market?
Usually, during this kind of market situation, I prefer entering long or short from the top or bottom of the channel, having less risk and better RRR.
However I think this market could still give us some good opportunity.
First of all, in lower timeframe (1h and 30min) I will be looking for some continuation pattern and in the current timeframe I will be waiting for the price to reach and retest the current key level, looking for a good entry point with RRR of 1:2 or greater.
In this specific situation, my SL would be above the resistance level and the first TP just around the price control.
In the scenario of market continuation to the upside, I will focus on a possibility a rejection around the top line of the channel.
If you enjoy this trade idea, please support my work with a thumb up and don’t forget to follow my profile for more detailed market analyses!
Trade safe and responsibly,
Gianni
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose
CHF/JPY SELL SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
CHF/JPY:Daytrade-Execution
Sell-Limit-Order: 125.475
Stop-Loss: 125.645
Point of Risk-Reduction: 125.300
Take-Profit: 124.835
Stop-Loss: 16 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Trading Idea Regarding CHFJPYRight Now this Currency Pair is in Neutral Phase
1- It is making Cup & Handle Chart Pattern on Daily Time Frame Indicating its Bullish Behavior
2-It is Moving in Parallel Channel Chart Pattern on Daily Time Frame and Right Now heading towards bottom of the channel indicating Bearish Behavior
3- When Considering Fibo Levels after breaking 38.2 % Fibo Level Price touches top of the parallel channel and came back down and start moving around 23.6 level So, there are two possibilities at this point either it bounce back and continue moving up or it will came down to retest 38.2 fibo level
4- It is making Symmetrical Triangle Chart Pattern on 4 Hour Time Frame also indicating possibilities of moving in either direction
Note:
If this pair break above Symmetrical Triangle Chart Pattern it is also possible price plunge down from 126.226 level to 38.2 fibo level which is also bottom of parallel channel by fallowing Quasimodo chart pattern
CHFJPY#CHFJPY Hello trader, I hope are good and safe. Today I opened the chart of #CHFJPY for 4 Hour and analyzed it then I see that this chart has made a DOWN TREND, So I hope #CHFJPY will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
CHFJPY (Swiss Franc/Japanese Yen) Currencies Analysis 18/04/2021Fundamentals:
The Japanese and Swiss economies share some fundamental characteristics. Both nations have few natural resources and both must import energy needs. Both nations are export economies and both nations are sensitive to currency exchange rates with major trading partners. In fact, the health of both national economies depends on export price stability. Last, but not least, the Yen and the Franc are both considered safe haven currencies.
So it stands to reason that the central banks of both nations would have similar goals. However, for reasons which are baffling most economists including Bank of Japan Governor, the Japanese Yen continues to strengthen against the currencies of its major trading partners.
It’s important to note here that Japan and Switzerland engage in very little bilateral trade. About 0.56% of Japanese exports are destined for Switzerland and about 2.3% of Swiss exports are destined for Japan. So it may be assumed that the central bank policy of one, is not a major concern of the other.
Technical Analysis:
The price has reached a Distribution Zone were it has chances to retrace or else if this zone gets well filled and Reaccumulation take place then we can see how the Price Jumps to the Specified Targets
there are total of 2 Targets Defined by the Fibonacci Projection of the initial Impulsive wave.
CHF/JPY AnalysisWe can easily expect the creation of a higher high
Monthly:
We have an impulse and correction respecting precious resistance now turn support. When we have an impulse and correction we can definitely expect another impulse.
Weekly:
In weekly we have an impulse correction pattern. Also price is respecting .50 fibonacci level. We could expect a creation of a higher high at least to the price of 126.435.
Daily:
The price is in a consolidation period. The price is most likely creating liquidity before the continuation to the upside. We can definitely expect more continuation according to our multi-time frame analysis.
CHFJPY Correction Incoming!CHFJPY has met it's long term upper trendline, is showing oversold on the Daily RSI, 4H and 12H, and even the weekly RSI is at 69.98.
We also see strong bearish RSI divergence on the Daily.
JPY has been the biggest loser of the major currency pairs in the past month and in fact the past year, but for shorter term outlooks JPY looks due for a correction against a number of other currencies and my targets of choice are CHF and possibly USD.
This is NOT financial advice. You are responsible for your own trading decisions.
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CHF/JPY Multi-Timeframe analysis- update !!!Hello 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.
CHFJPY | Perspective for the new week | Follow-up detailsWith over 60pips in our direction since my last publication on this pair (see link below for reference purposes), I am expecting that the retracement phase will push into a 50, 61.8 or 78.6% retracement before the trend continuation begins. So, if you are not in the bearish train you still have a minimum of 150pips to catch before the buyers find a good price!
Tendency: Uptrend (Bullish)
Structure: Breakout | Supply & Demand | Trendline | Retracement | Harmonic move (AB=CD) expectations
Observation: i. This is going to be a follow up on my last speculation on this pair as it appears that the retracement of the Impulse leg identified as finally taken course and we are looking at the Key level (JY121.000) area for reversal set-ups.
ii. The visual representation of a line drawn under pivot lows on the weekly chart reveals the prevailing direction and speed of price action since September 2019.
iii. And after considering the long term bullish perspective in this market, it is appropriate that we remain a little more patient for buying opportunity after the exhaustion of the correction phase after which we can look forward to a possible harmonic move (AB = CD pattern) with parameters explained below;
a. Impulse A-to-B is expected to be in harmony with the potential C-to-D leg.
b. The B- to-C leg is expected to fall within 50 to 78.6% Fibonacci retracement of the A-to-B leg.
c. The C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext . of the A-to-B @ JY128.000 area..
iv. So, while we wait for buying opportunity; the counter-trend in the guise of a retracement could be a risk worth taking (see link below for my previous analysis supporting a bearish bias)... Trade consciously!😊
Trading plan: BUY confirmation with a minimum potential profit of 500 pips.
Risk/Reward : 1:5
Potential Duration: 10 to 20days
NB: This speculation might be considered to make individual decisions on the lower timeframe.
Watch this space for updates as price action is been monitored.
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.