CHF/JPY "Swiss vs Japanese" Forex Market Bullish Heist PlanHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist CHF/JPY "Swiss vs Japanese" Forex Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 1H timeframe
Target 🎯 : 174.600
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Chfjpysignal
#CHFJPY 1HCHF/JPY 1H Chart Analysis: Wedge Pattern
On the CHF/JPY 1-hour chart, a wedge pattern is taking shape, indicating a potential move in the near future. The current forecast suggests a sell opportunity; however, it is essential to wait for a **breakdown** below the lower trendline of the wedge before executing any trades.
A breakdown will confirm the bearish momentum, and entering the trade at this point will help avoid potential false signals. Traders should also monitor for volume spikes during the breakdown, as it increases the reliability of the signal.
Trading Strategy:
- Wait for a clear breakdown before entering a sell position.
- Use support levels as potential profit-taking zones.
#CHFJPY 1 DAYCHfjpy Daily Analysis: Buy Opportunity on Downtrend Breakout
Overview:
The CHF/JPY currency pair has been exhibiting a consistent downtrend, presenting a potential buying opportunity should it break out of this downward trajectory. Traders should closely monitor price action for signs of reversal.
Key Levels:
Resistance Level: Identify key resistance levels above the current price where a breakout might occur.
Support Level: Monitor existing support levels to assess potential bounce points.
Technical Indicators:
Trend Lines: Draw trend lines to visualize the downtrend. A breakout above this line would signal a shift in momentum.
Moving Averages:Use short-term and long-term moving averages to confirm bullish sentiment post-breakout.
Trade Setup:
Entry Point: Consider entering a buy position if the price closes above the downtrend line with strong volume.
Stop-Loss: Set a stop-loss just below the most recent swing low to manage risk.
Take Profit: Aim for recent highs or key resistance levels for profit targets.
Conclusion:
A breakout from the current downtrend could provide a lucrative buying opportunity for CHF/JPY. Stay vigilant for confirmation signals before entering the trade, and ensure proper risk management practices are in place.
DeGRAM | CHFJPY reached the resistanceCHFJPY is moving between the trend lines in an ascending channel.
The price started to react to reaching the resistance level by decreasing.
The current resistance level at the last touch became a pivot point.
We expect a decline to the support, which coincides with the 50% retracement level.
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DeGRAM | CHFJPY breakout at reduced volatilityCHFJPY is moving above the ascending channel and trend lines.
Volatility has decreased.
The chart tentatively broke the channel and reached the resistance level.
We expect a pullback.
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CHFJPY Bearish Momentum Detected at Key Resistance LevelsThe CHFJPY pair is currently exhibiting a significant technical pattern known as a Bat Harmonic Pattern (XABCD). This formation is characterized by specific Fibonacci ratios between its key points, indicating potential trend reversals.
Key Points of the Bat Harmonic Pattern:
- Point X: Represents the starting point of the pattern.
- Point A: Marks the initial leg of the reversal.
- Point B: Indicates a retracement from the initial move, usually between 0.382 to 0.618 Fibonacci retracement levels.
- Point C: Marks a move against the initial trend, typically retracing 0.382 to 0.886 Fibonacci levels of AB leg.
- Point D: The completion point of the pattern, typically forming around a 0.886 Fibonacci retracement of XA leg. It often coincides with other technical indicators such as key support or resistance levels.
Trendline Confluence:
In addition to the Bat Harmonic Pattern, the CHFJPY pair is also adhering to a trendline, reinforcing the significance of the potential reversal from Point D.
Bearish Momentum Expectation:
Given the confluence of the Bat Harmonic Pattern and the trendline, we anticipate a bearish momentum to initiate from Point D. This point holds substantial importance as it aligns with a key resistance level and coincides with the 0.786 Fibonacci retracement level.
Trade Setup:
- Entry: We propose entering a short position at 169.010, aligning with the anticipated bearish momentum.
- Stop Loss: To manage risk effectively, a stop loss is recommended at 170.110, allowing for a buffer against potential adverse price movements.
Take Profit Levels:
To capture potential downward movements, we suggest the following take profit levels:
- TP-1: 167.900
- TP-2: 166.830
- TP-3: 165.700
Conclusion:
In conclusion, the CHFJPY pair presents a compelling trading opportunity with the formation of a Bat Harmonic Pattern alongside a trendline confluence. With an entry at 169.010 and appropriate risk management measures, traders can position themselves to capitalize on the anticipated bearish momentum toward the suggested take-profit levels.
DeGRAM | CHFJPY the hammer signals a reboundCHFJPY has reached important levels, under which it is now trying to consolidate.
The price corrected by 38% from the last upward impulse.
The chart has formed a reversal candlestick pattern Hammer.
We expect a rebound from the current level.
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DeGRAM | CHFJPY pullback to the channel boundaryThe strength of CHFJPY rebounds has decreased.
The chart came out of the descending channel.
The price reached the resistance level coinciding with the 38.2% retracement level.
We think that the pullback will take place after the resistance retest is completed.
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DeGRAM | CHFJPY rebounded from resistanceCHFJPY is moving in a descending channel between two trend lines.
The volatility of the price movement has decreased, which may signal an upcoming decline.
We think that the price may test the resistance again and then pullback to the 50% retracement level.
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DeGRAM | CHFJPY potential correction of downward movementCHFJPY failed to renew the recent low and is moving near the psychological level of 167.000.
The chart is forming a rounded bottom, which indicates an imminent reversal of the price direction.
We expect a correction of the price drop after the chart fixes the nearest level.
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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 I Breakout Retest ContinuationWelcome 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.
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CHFJPY : Short Trade , 4hHello traders, we want to check the CHFJPY chart. The price has broken the ascending channel to the bottom and pulled back to the key level indicated. If this level can play the role of a resistance level and maintain the downward trend of the price, we expect the price to fall to around 161.950 and if it can break this level, the next price target will be 159.000. Good luck.
CHFJPY top-down analysis Hello 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 is about to take off!Currency Pair : CHFJPY
Possible direction : Bullish
Technical Analysis : With the weakness in jpy, CHFJPY has merged with long term uptrend after
grabbing liquidity from the daily and weekly support. Price is currently all time high and any time after little pullback we could see chfjpy may take off again to create new all time high level.
Possible trade recommendation : Bullish as per sketch
Press like button if you enjoy.
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CHFJPY : Short Trade , 4hHello traders, we want to check the CHFJPY chart in the 4-hour time frame. The overall trend of the market is bearish and the market is moving in a downward channel. The price has reached the ceiling of the channel and could not break the ceiling of the channel and is moving in a range zone. If the price can break the small ascending channel and also the range area and stabilize itself at the bottom of the price of 144.300, we expect the price to fall to the lower areas of the specified channel. Good luck.
CHFJPY sell Entry : 144.346
Stop : 146.400 , Target1 : 142.294 , Target2 : 140.240
Risk/Reward Ratio : 2
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.
CHFJPY : Short Trade , 1hHello traders, we would like to review the CHFJPY chart on the 1-hour time frame. The price is moving in an ascending channel and has reached the ceiling of the channel as well as the key level of 145.200, which the price has reacted to several times in the past. Considering that the price has broken the upward trend line and we also expect the specified key level to play a resistance role for us, there is a high probability that the price will make a correction and fall to the targets of 143,900 and 143,000. .Good luck.