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Chfjpysetup

Today I will be looking to SELL the CHFPY above 149 on any 15minToday I will be looking to SELL the CHFPY above 149 on any 15min or 30min signal on my Price action signal indicator and will target Friday's low or lower at 147.5. The reason behind this trade is I am expecting a correction to start occuring very very soon both short term and long term if you look at both the RSI and Stochcastic indictaors all the major timeframes from the 4hr up are over the 80 level and on the stochcastic all the major timeframes are just shy of the 100 level this is all pointing to a major correction especially as we are also in a Major Monthly SUPPLY/SELL zone (see my long term swing idea from last week) Also we are seeing divergence occuring on the MACD on the 4hr and daily charts all this is indicating both a short term correction and a long term correction yes the Yen is very weak at present with the fundamentals though all the above reasons are indicating a reversal. I will look to enter only on a 15min or 30min signal above 149 and will have a stop loss aroud 40 to 60 pips will target Friday's low this is a day trade idea so will be closed ny tomorrow's Asian or Euro session.
Short
by TheFxAce
1
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 🤞
Short
by FlukeTrading
3
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.
Short
by dinomalik
2
Chfjpy bearish divergenceHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:CHFJPY We can see a market tested its resistence area in H4 & H1. So we are expecting a little bitter strong near its trendline and resistence. after this test we will take a short entry near trendline. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
Short
by Theranasaramd
2