CHFJPY possible short for 140.7022nd August daily inside bar range confined with the previous bar range closed off the low. supply zone area for short 142.50, may short cmp with half risk as well. stop loss 140.40, target 140.70.
Chfjpyforecast
CHFJPY Next Possible MoveCHF / JPY ( Swiss France / U.S Dollar ) Technical Analysis Chart Update
Time Frame - H4
According to #Daily Time Frame #DTF its in #Leading Diagonal Pattern and almost Reached the Upper Trend Line #UTL its possible it can follow some Bullish Moves according to this
If we look in Short Time Frame #STF we have Rising Wedge Pattern and it has #Breakout and #Retested it has Follow Sell Trend According to Patterns and Level
Short on CHFJPYCHFJPY to test very important channel line for the third time. Looking at its going 90 degree upward trend. CHFJPY definately needs some retracement. best short trade can be made at 142.500
CHFJPY - BIG DROP INBOUNDConsidering entry anytime now, following the shorter timeframes and looking for a potential fakeout of the descending channel and then we could see a triple top formation followed by a massive drop in this pair.
- Profit take at around 137.15 so we are looking at about 4500 pip drop to hit this - I think it'll drop further but we could see some resistance and hesitation around that line.
- Stop loss set at just over 144 in case we see a clear break higher of the previous all time high of 143.75 (Unlikely in my opinion).
Good luck and happy trading!
DeGRAM | CHFJPY compression channelCHFJPY is consolidating at the resistance zone.
Price action created a false break.
We might see a sell off.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
JPY strength ahead during the reminder of 2022: PLANhello, good day to all readers and traders,
Core approach: JPY to strengthen much during H2/2022
Instrument: CHF/JPY FX_IDC:CHFJPY
trade type: POSITIONAL
duration: H2/2022
ingredients: bias, plan and PATIENCE
strategy with CHF/JPY: selling on weekly basis as long > 140 without going too "crazy" with the use of leverage.
simplicity is the core of this positional setup.
Personally, I trade this as a major theme, with various JPY pairs and crosses. with clear and predefined levels.
in case you are interested to trade the 'JPY to get much stronger during H2/2022' theme with various instruments, feel free to contact me and we will manage to generate a PLAN that includes multi asset approach (== OPTIONS) in addition to the FX spot market to cover risk exposure.
good luck 🤞
CHFJPY - BEARISH BIAS -- SWING SELLHello traders,
All yen pairs have been extremely bearish last week.
Only to correct on Monday & Tuesday, expecting a trend continuation today to the downside from the indicated level.
Wishing you all a profitable week ahead
Best of luck & god bless
ETGL TEAM <3
FOLLOW ME: Potential Massive Double Top In The Works For CHF/JPYCHF/JPY has been moving up for a long time and looks like it may be forming a massive top formation.
If this is a double top, it appears we may have a Head & Shoulders formation as well 2nd top.
A close below the neckline of the 4h chart would send us down to the daily support around 139.
A daily close below that would likely then send us down to the 134 area as the double top would then be complete.
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.
chfjpy two bar probability for short #chfjpy, 29th & 30th daily bars formed two bar reversal. 30th June inside bar as well range confined within the previous bar range. market tested 141.80 that is supply zone. 141.80-142.30 supply zone for short, target 139.80 with stop loss 142.50.
Chfjpy wait for BREAKOUT----then BUY!!!Two bullish scenarios...... Of course it could just go the other way and become a loss but, it would have been a good risk for 3.4R which goes up to 5R if the scale-in occurs......
Like & Subscribe.
CHFJPY - Sell - Head & Shoulders PatternCHFJPY Sell - Head & Shoulders pattern has formed with price having broken neckline and at a level where it is re-testing neckline which makes it a higher probability set up.At present price seems to be reacting to neckline.
Entry: 140.000
Just at the neck line
Stop Loss. 140.823
Above the neckline and at above recent support resistance area. If price takes out this stop, can look for re-entry if setup is still valid.
TP: 136.845
I have set various key levels to take profit, the last take profit being at a level which meets a recent area of support and also in the zone of the distance between head and neckline.
DeGRAM | CHFJPY support became a resistanceCHFJPY played out exactly as we predicted in the last post.
It may be a simple structure-based trade.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
CHFJPY AS I TOLD YOU BEFORE!!Hello traders! CLICK THE LINK BELOW TO CHECK MY PREVIOUS ANALYSIS ON CHFJPY & HOW I PLANNED THE EXECUTION.
As I posted before on CHFJPY :
CHFJPY Reached a mass psychology since Jan 2015 at 138.917 area.
Will be waiting for a reversal pattern as an ascending channel forming currently + breakout to execute a short position.
Patience is key on this pair & do not rush your trade.
Be relaxed since the price is in a great area.
On 30 June, I took a 15 mins bearish flag (short position) and moved to breakeven when the price reached 142.208 (touched the lower TL of the 1H chart).
I am currently running at 11% and will consider locking when the price reach the lower rejection line / trendline (139.157 - 138.560 area)
Patience is key.
#THEPRIMES
DeGRAM | CHFJPY compression channelCHFJPY made a sharp move down and tested a resistance level.
Price action also made a false break of that level.
We anticipate a break in the compression channel and a downward move.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Week 4 assignment (EXHIBIT C) for CHFJPY by PROSHERIFF3 black crows have been identified on a 15-minute chart for CHFJPY. A RR ratio of 2:1 has been taken for a successful short.
04/July/2022 - CHFJPY Going DOWN!Hello Traders,
I am seeing a beautiful reversal on CHFJPY 1Hour Timeframe. You can easily identify a breakout structure happened. It's clean and easy to find. You jump on the 5 minute timeframe and find a perfect entry. You can easily achieve 1:5 Risk to reward ratio on this trade.
Do let me know your thought about the setup?
Best
Om
CHFJPY is ready to drop 500pips almostHere reason for short price create many liquidity/EQL below side and after done BMS price back at re-test level which is OTE+FVG.
If price will rejected from here i believe it will drop hard in coming days.
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.
