Chfjpylong
20 Reason for Buy CHFJPY 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle Eye: The market is currently approaching the all-time double top area and momentum remains bullish. It will be interesting to see what happens next.
2:📆Monthly: A strong and established bull trend has been forming for the past 9 months, indicating the potential for a future bull run.
3:📅Weekly: Last week, the market took a strong bullish support at the Fib 38 price level of 137.800. A doji with confirmation suggests that everything seems bull supportive.
4:🕛Daily: While the market has been in a clean bearish trend, a QC of the last 15 candles indicates that the trend is weakening. A minor correction is expected, followed by a potential buy entry at this level.
😇7 Dimension Analysis
🟢 Analysis Time Frame: D1
5: 1 Price Structure: Currently showing an inner bullish structure.
6: 2 Pattern Candle Chart: A "N" pattern suggests a proper bullish formation, indicating a potential buy signal.
7: 3 Volume: A massive volume in the current consolidation area can be seen.
8: 4 Momentum UNCONVENTIONAL RSI: Currently showing sideways to bullish momentum.
9: 5 Volatility measure Bollinger Bands: No significant volatility has been observed yet.
10: 6 Strength ADX: Currently showing total sideways movement.
11: 7 Sentiment ROC: The CHF is stronger than the JPY based on the ROC monthly period 1.
✔️ Entry Time Frame: H4
12: Entry TF Structure: A bullish structure has been observed.
13: Entry Move: The current move is corrective, and waiting for an impulsive move to start is recommended.
14: Support/Resistance Base: The daily FVG support area can be used as a base for potential trades.
15: FIB: Waiting for a trigger event or trend line breakout is suggested.
☑️ Final Comments: It is recommended to wait for the correction to end before making a trade. Once the correction ends, a 15-minute bullish candle can signal a potential buy entry.
16: 💡Decision: Buy
17: 🚀Entry: 144.400
18: ✋Stop Loss: 140.700
19: 🎯Take Profit: 160.633
20: 😊Risk to Reward Ratio: 1:4.22
🕛 Expected Duration: Based on the current analysis and market conditions, it is estimated that it may take up to 2-3 weeks for the price to reach the target price of 160.633. However, market conditions can change quickly, and it is important to regularly review and adjust your trades accordingly.
CHFJPY - MASSIVE 280pips RUN Incoming!// THE DIRECTION //
CHFJPY direction is currently SHORT - TERM BULLISH (Reason - PA is coming from a DT formation, a retracement is needed. )
// #1 ENTRY // -: Enter on the break of the BL (Baseline) to the UPSIDE.
// #2 Entry // -: Enter around the PW.5 (PWH/L Mid point) Line is on the chart.
// INVALIDATION //
Exit when price close below the Invalidation line on H4
I will post money making trades like this everyday.
CHFJPY - Long active ✅Hello traders!
‼️ This is my perspective on CHFJPY.
Technical analysis: As we can see here we are in a bullish market structure, so I am looking for longs. I expect bullish price action from this zone as price rejected from bullish order block + institutional big figure 142.000.
Fundamental analysis: On Thursday 23rd of March we have news events on CHF. As well SNB planned to raise interest rate by 0,5% supported by a Press Conference after the display of the results. The raise of interest rate means strength of currency this could support our bullish price action.
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CHFJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on CHFJPY .
Here we are in a bullish market structure from H4 timeframe perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bearish order block, as well we have there most orders as per volume profile .
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CHFJPY POTENTIAL SHORTSPRICE HAS REVERSED impulsively from an area of high value on larger time frames and is currently printing this continuation formation.
IF price can break below the phaseline then shorts will be activated for a push towards a first target of 143.69, however with more potential downside.
CHF/JPY Running In 200 Pips 0 Drawdown,Very Important Update NowThis 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.
CHFJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 active ✅Hello traders!
‼️ This is my perspective on CHFJPY .
Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I expect bearish price action from here as price filled the imbalance and rejected from bearish order block + institutional big figure 146.000.
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CHFJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
CHF/JPY Finally Closed Above Our Res ,Long Setup To Get 300 PipsThis 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.
Potential bullish breakout on CHF/JPYThe yen began to correct against its sustained weakness in September, when the MOF (Ministry of Finance) intervened in the currency markets to strengthen the yen. That helped CHF/JPY spent the next three or so months pull back from its highs and retrace against its bullish trend. However, the end of the correction may have been seen around 137, as momentum turned higher at a Fibonacci cluster which includes a long-term 38.2% retracement and 161.8% projection level.
Since then, prices have moved higher, built a level of support just above 140 and closed above the 200-day EMA. We also note that Friday’s low respected the 200-day EMA as support. So we’re now on guard for a potential bullish breakout above 143.60, which would also clear the 100-day EMA. A strong inflation report and further hawkish commentary from the SNB could help with such a scenario (as would confirmation of a dovish BOJ governor to replace Kuroda). A break below 140 invalidates the bullish bias.
Bullish run on CHF/JPY - Pressure from OBThe CHFJPY seem to be retesting the first supply zone since on 5th of Jan.
Making it the second time of a successful retest, i am anticipating for a simple rejection back to the trendline that could possibly launch the pair into the air. targeting 147.80
A buy setup - Check it out!
CHFJPY - Short active ✅Hello traders!
‼️ This is my perspective on CHFJPY .
Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I expect bearish price action from here as price rejected from bearish order block + institutional big figure 143.000.
‼️Attention!!! Due to the fact that we have news on CHF upcoming week, the analysis can be invalidated.
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