CHFJPY GET READY FOR THE "ALL TIME HIGH" ??This is my personal perspective about CHFJPY using WYCKOFF accumulation method, CHFJPY potentially entering end of phase D accumulation, last important support was 116.900 (SL max)
Chfjpyanalysis
Obvious pattern forming for CHFJPYThe CHFJPY is looking to test the top of a channel which coincides with the 61.8 Fib retracement. This looks like a juicy level to go for a short.
BEAR CASE
We will wait for price to retest 125 before going in for a short
BULL CASE
Be extremely careful that the structure might be broken. If this plays out, we will wait and see what price does next.
AUDCHFAudchf has left its descending trendline and now is above its support point. The next target is on the chart
CHF/JPY Analysis It Will Head DownwardWelcome back!
Please support this idea with a LIKE and COMMENT if you find it useful.
*****
In the current bullish impulse, it is now due for a correction and showing rejection at previous daily resistance. We expect it to head downward.
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
CHFJPY SHORTCHFJPY is approaching big resistance after a major impulse to the upside.
This is looking like a nice area to short but do it carefully, since JPY is really shaky at the moment.
- I would only enter this trade if I see this resistance stopping this big movement up and starting to range or If I prefer to enter on a sell limit at 122.500 I would use a 30/35 Pip Stop.
CHFJPY shortterm buying opportunity 1:12 RRCHFJPY shortterm buying opportunity. CHJPY after a short retracment should continiue uptrend. Possible 1:12 Risk Reward
CHFJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 | Perspective for the new week | Follow-up detailsFollowing a 100pips move in our direction since my last publication on this pair (see link below for reference purposes), I see a short term opportunity as the current structure in the market insinuates that a temporary decline in price is imminent after observing a significant Breakdown of JY119.500 in the course of the last week trading session.
b]Tendency: Downtrend (Bearish)
Structure: Supply & Demand | Trendline | Reversal pattern (Breakdown)
Observation: i. If we go as far back as August 2021, we will observe multiple rejections of the JY120.5000/120.000 zone; a feat that suggests a strong zone for the demand of Japanese Yen.
ii. The visual representation of a line drawn under pivot lows in the last couple of weeks reveals the prevailing direction of price action which culminated at a peak of JY120.210 before the downward spiral.
iii. The sudden Breakdown of this Bullish trendline during last week trading session reveals that buyers lost momentum.
iii. However, It is worthy to note here that we are still within a good demand zone (JY119.000/119.200) for the Swiss Franc.
iv. Following the Breakdown of the Key level @JY119.500, the retest of the Key level on Friday signals a change of baton as I anticipate a takeover from the sellers in the coming week.
v. In this regard, below Key level remains a comfortable zone to sell the Swiss Franc with an opportunity to add to our existing position if the Demand zone no longer holds the selling pressure.
vi. In the meantime, the Bearish bias on this pair remains temporary... Trade consciously!😊
Trading plan: SELL confirmation with a minimum potential profit of 100 pips.
Risk/Reward : 1:3
Potential Duration: 1 to 4days
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.
CHFJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 on sell zone!!Hi Traders, CHFJPY is currently just under monthly resistance and likely to fall as there is strong resistance and is likely to continue the down-trending market.
CHFJPY 15MIN ANALYSIS sell (LOCK IN PROFIT)We consider selling this CHFJPY pair because of a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
CHF/JPY New Short Setup After 4H Closure To Confirm The Setup !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
CHF/JPY SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
CHF/JPY: Daytrade-Preparation
Market-Sell: 119.830
Stop-Loss: 120.290
Point of Risk-Reduction: 119.400
Take-Profit: 118.050
Stop-Loss: 44 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
CHFJPY-LongCHFJPY
Market has broken out of falling resistance and also has formed a double bottom. So i am looking for a buy move.
LONG CHFJPYWill be looking at long positions for this pair for the week.
Signals available.
Leave your comments
CHFJPY top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 short idea based on technicalsCHFJPY is moving in a downword channel and on the last day of last week it touched the upper trend line of the channel and it is rejected from there so a bounce back is expected.Use proper risk management.
GOOD LUCK GUYS
CHFJPY SellWait for a break and retest of level 119.500 to go short with good bearish confirmation on H1.
Reasoning:
Price has made a large bullish move causing imbalance of S&D. Therefore, price is expected to fill in the imbalance.
Price has also rejected trendline and resistance(Blue Line)
Overall trend is still bearish
If trend were to turn bullish, it would have to retest one of the projected take profits (Worst case would be a test of level 119.500)
CHF/JPY SELL signal....VIEW
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 watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
CHF/JPY Trend AnalysisFX:CHFJPY
Since it is in a downtrend right now, I expect it to go down until the end of the trend. Later, if the trend breaks up, it can rise to the areas where it fell.
CHFJPY Short likely• Price has broken out of a bigger channel so there’s a 90% chance of it going to the bottom of structure
• Downward trend with a pullback correction so there’s a high chance of a continuation to the downside
• Price has formed a rising wedge which is a reversal pattern and is currently at the top of structure
• Price is at an area of daily resistance which creates a double top so its likely to push to the down side
NOT FINANCIAL ADVISE.
