Chfjpyforecast
CHFJPY | New PerspectiveIt has been strong bullish momentum in the last couple of weeks and it appears we might be heading for a retracement in anticipation of a trend continuation to the upside. In this regard, we are hoping to take advantage of a counter-trend opportunity if it finally happens. A reversal pattern is identified on the 1H time frame and a signal is confirmed considering the broken neckline. At this juncture, it is advisable that we wait and see how the price reacts to the neckline.
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CHFJPY LONG - Buy Entry - H4 ChartCHFJPY LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: CHFJPY
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Last High Resistance @ 134.605
Resistance @ 133.419
Support @ 131.607
Support @ 131.022
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CHFJPY BULL RALLY SMASH TARGETAfter 1 year 6 months, CHFJPY smash target of 1,400 pips, and in total, 3 positions was taken with 3 different target of overall pips of 2,450.
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cheers to CHFJPY its great to actually smash target, first it seem impossible and with time, it just feels great trusting your analysis.
Initial Signal from SEPTEMBER 2020
‼️BUY STOP ‼️
CHFJPY
ENTRY: 117.000
TP1: 120.500 (350)
TP2: 124.000 (700)
TP3: 131.000 (1,400)
TOTAL PIPS: 2,450
TRADE WITH PROPER RISK MANAGEMENT
I am forever STUCKINPROFIT
CHF/JPY GETTING READY FOR THE CREATION OF THE NEXT HIGHER HIGHMonthly
The price is currently creating higher highs and higher lows. We could expect a creation of a new higher high.
Weekly
The situation is the same as monthly time frame. The price is creating higher highs and higher lows. The price is getting ready to create a new impulse.
Daily
The price was creating lower highs and lower lows. Currently the price is creating a higher lows. The price is now in confluence with monthly and weekly. We could expect the creation of a higher high in the weekly time frame.
CHFJPY, which Safe Haven currency will be stronger?Hi Traders,
With the on going situation happening between Russia and Ukraine, investors seem to be turning to safe haven currencies as tensions escalate. Looking at the current price action, we can still see many bearish developments with indication more downside is possible. We may get another touch at the top of the ascending channel that price is currently moving within, however we may start to drop as JPY seems to be gaining momentum as this past week closed off.
Be patient and follow your trading plan, don't get trapped in the corrective phase.
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CHFJPY BULL'S ARE IN CONTROLL! {10/02/2022}Educational Analysis says CHFJPY may go LONG. According to my technical.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why long?
On 4HR AND 1HR timeframe pair is making HIGHER HIGH AND HIGHER LOWS.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS
HOW TO TAKE ENTRY ON THIS?
On 15 min timeframe, pair broke the small trendline and price push towards also pair is making higher high and higher lows, confirmation also broken the previous resistance.
ENTRY :- 125.162
STOP LOSS:- 124.890
TAKE PROFIT :- 125.590
CHF/JPY SELL SIGNAL
Hey tradomaniacs,
welcome to a new free trading-setup!
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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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