CHFJPY: Possible confluence for shortSome possible confluence suggest CHFJPY could possibly short around the 168 area. A potential Gartley pattern on the daily/4 hour chart. Equal measured move/ABCD daily/ 4 hr. Even handle number at 168 even. Testing previous highs. Overbought RSI daily, so possible divergence. Could be a nice area to look at for a shorting opportunity.
Chfjpyshort
CHFJPY I Buy pullbacks and short major highsWelcome back! Let me know your thoughts in the comments!
** CHFJPY Analysis - Listen to video!
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CHFJPY - Potential long ✅Hello traders!
‼️ This is my perspective on CHFJPY.
Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 167.000.
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CHF/JPY Sell Idea 26/10/23Trade Details
Sell Limit
Entry: 167.863
Take Profit 1: 167.652
Take Profit 2: 167.218
Take Profit 3:
Stop Loss: 167.980
Key Notes
Order flow: Bearish
Trend: Bearish
Structure: Broken
Entry at order block / supply
Disclaimer:
This is just a sample template and should not be used as financial advice. Always do your own research before making any trading decisions.
2 FX Shorts with excellent oddsStarting with the pair which makes no sense at current levels, considering the most meager of rate differentials at +2.5% , were it not for the SNB's deranged policy of "supporting the Swiss Franc as an inflation fighting measure" (while Swiss inflation is barely holding at 2%!) and with the Swiss Franc already at nose-bleed levels.
CHFJYP; a 50 year SHORT in the making;
The main chart is the MXNJPY - SHORT , also the premier carry-trade - while equities are trying to cling to the remnants of an already burst bubble.
While the Bank of Mexico has increased the rate differential (versus the static Yen) two-fold, in short order, that rate differential remained the same since 03/2023 while this pair continued on it's upward trajectory an additional 16%, incidentally inline with the SP500's identical increase during the same period;
Both of these pairs are at multi-year technical confluences, both pressing against significant resistance and showing distinct patterns of reversal. SHORT & SHORT
CHFJPY - SHORT; A perfect hit!50 years in the making, this pair has done everything precisely by-the-numbers! - Technically speaking.
And while normally one ought to remain reluctant to trade "weak" against "weak" (in rate differential terms) ...
... but when one "weak" suddenly gains +45% versus the other on a newly found nevertheless, less than meager 1.75% rate differential ...
... It is time to pounce!
SELL - SHORT - As this pair lacks the fundamental as well as any technical reasons to deviate from it's rather predictable path - which is down from here.
p.s. This is a Quarterly chart, e.g., just how much of that likely 50,000 pips one will capture is dependent on whether this is traded with a Short Bias (with some frequency), from here on out, or simply used as a 401k plan - i.e., "just SELL it and forget it".
Here are the recent central bank rate differential changes;
Here is the CHFJPY Weekly Chart;
... with last week's healthy Reversal.
CHFJPY Short | Trade AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity CHFJPY
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CHFJPY I Short from historical highsHello,Traders!
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CHFJPY is trading in an uptrend on all HTF's however it is retesting
the previous historical high. While shorts are risky, they are worth
considering due to changes in Yen monetary policy expected to
release soon (possibly year-end). Price is currently rejecting the trend line
resistance and there is divergence on the weekly. This is a great idea for
swing traders who have strategic risk management skills and the tolerance
to hold. SHORT!
Trade safe and good luck!
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When We Can Sell CHF/JPY To Get 250 Pips , Watch Carefully !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.
CHFJPY - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on CHFJPY.
Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 165.000.
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CHFJPY, Intraday trading plan, ShortJPY has a reversal to Strong side in Asian morning today, so most of JPY pairs will drop as well.
From our screener, CHFJPY has the best momentum to downside and here is the trading plan as shown in the chart for intraday strategy.
Moreover, Both MA in our Trend indicator shows Pink colors, it is in downtrend right now.
Normal, if the price touch the thinner MA, we can open Short order.
CHFJPY - Potential short ✅Hello traders!
‼️ This is my perspective on CHFJPY.
Technical analysis: Here we are still in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to go a little bit higher to take out liquidity above equal highs and to fulfill the imbalance and then to reject from 1H bearish order block.
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CHFJPYIs CHFJPY exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 163.6 followed by 162.70
What you guys think of it
CHFJPY ⬇️ 540 pips trade .Hello Everyone 🙋🏽♂️
Sell order
🟢 161.600
🟢 159.000
🔴 166.600
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP
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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
CHFJPY:10/10/2023:🔴Looking for a sell?
As you can see, the price hit the bearish order block and because of the market structure, we can expect the price to move down for collecting liquidity as sell side liquidity.
💡Wait for the update!
🗓10/10/2023
🔎 DYOR
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CHFJPY I Potential Short from Resistance Welcome back! Let me know your thoughts in the comments!
** CHFJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
CHFJPY – is this pretty picture tradeable?? … the week of 18/09These lines I drew make a pretty picture for sure 😊. But the big question is am I reading the price action correctly and are my expectations reasonable? We will find that out soon. My daily chart shows clearly how I read the movement in this pair so far and what I expect next. However, here are a few main points:
Triple top followed by a series of lower highs.
About 8 weeks of consolidation, higher prices not accepted by the market.
Price contained between a downward sloping trend line and a horizontal one at 164.00
A squeeze to the downside is in progress and IMO a breakout as shown will likely occur. I will be monitoring H4 and H1 charts to confirm if this does happen. Monitoring PA in other JPY crosses will also be useful.
A good level to target will be around the 160.00 area.
Being prepared for the unexpected is a good idea in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
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