CHFJPYCHFJPY is showing reversal at ABCD PRZ with divergence in RSI , it break its last LH with trendline
buy with risk define below lows
CHFJPY trade ideas
CHFJPY: LTF CURVE ANALYSIS (155m) - (DOWNTREND)CHFJPY: LTF CURVE ANALYSIS (155m) ✨ (DOWNTREND)
SLO2 @ 179.36 ⏳
SSO1 @ 178.806 ⏳
SSO2 @ 177.519 ⏳
TP1 @ 175.068
TP1a @ 173.75 (secret TP)
TP2a @ 172.50 (secret TP)
TP2 @ 171.491
TP3 @ 169.148
BLO1 @ 168.585 (leave as a price alert)
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BLO = BUY LIMIT ORDER
LTF = LOW TIME FRAME
PA = PRICE ACTION
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
DISCLAIMER: PA is at its ATH and it keeps going long.....however, I'm of the notion that there may be an opportunity to capitalize on this pair.....finally! PA is good stop and our R:R is enormous. I'm personally taking a chance on this one as I know how to manage my risk. If you don't, just watch and see what happens. In any case a risk tolerant -SL should be used & in place in these particular situations. THIS IS NOT FOR EVERYONE!!!! I'm only posting to track for my own personal reference.
Short-term time frames (1-minute to 3 hour):
— Highly volatile, price movements can be fast and unpredictable.
— Suitable for day trading and scalping, but require constant monitoring and quick decision-making.
— Not ideal for beginners due to the risk and stress involved.
CHFJPY ABC MovementCHFJPY in the midst of an ABC movement which is nearing completion.
Reasons
1. Measured move has been tested at 173.20
2. Significant Outside Return is at 172.65
3. Fibonacci retracement of the larger bullish impulse finds the .618 at 172.20
4. Momentum is in OS zone.
There may be further downside, but the RR on this timeframe is 1 at best.
Scalping 5 pipsBased on my analysis, if price closes below m172.994, scalping for 5 pips. OANDA:CHFJPY Price should prove to have enough momentum to push a little further!
Scalping 5 pipsBased on my analysis, if price closes below m172.994, scalping for 5 pips. OANDA:CHFJPY Price should prove to have enough momentum to push a little further!
CHFJPY low risk opportunity for 1:7 win ratio SHORTHello traders,
This idea is based on the fact the price is close to psychological level where it might reverse and early birds will benefit with low risk ratio 1:7 as shown, also notice RSI and weekly/monthly price channel - we are still waiting for a 'proper' correction and touching EMA 200 as shown
Remember- thsi is just an idea not a trading advise always protect your trade with a s/l you can handle, good luck
Japanese Intervention Again? Trading Plans Post FallRumoured Japanese intervention shocked markets Post CPI.
For the fall to be sustained, more intervention, or significant rhetoric change would be needd PRE BOJ meeting EOM.
Here's my preferred strategy.
CHF/JPY BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
CHF/JPY pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 180.005 area.
✅LIKE AND COMMENT MY IDEAS✅
CHFJPY Possible Sell Continuation MoveCHFJPY in a downtrand creating a BOS, with price now approaching the sell zone, for possible continuation of the downtrend.
Remember: Risk Management very Important
CHF/JPY Technical Analysis - Bearish BreakoutBearish flag breakdown on the daily chart.
RSI in oversold territory, indicating bearish momentum.
CHFJPYCHFJPY is in strong bearish trend.
As the market is consistently printing new LLs and LHs.
ABCD pattern formed, possibly price lead to 'D' point.
CHFJPY: Long Trade with Entry/SL/TP
CHFJPY
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy CHFJPY
Entry - 175.15
Stop - 174.11
Take - 176.89
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
CHFJPYCHFJPY is in strong bearish trend.
As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
What you guys think of this idea?
Great Opportunity To Sell CHF/JPY And Get 250 Pips !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 - GTP 80% - DOWN - 700 pipsBased on the latest COT data for CHF/JPY:
Long OI: 6,491 (6.58%)
Short OI: 56,284 (57.04%)
Net positions: -49,793 (Bearish)
The data shows an increase in long positions but a significant dominance in short positions, indicating a strong bearish sentiment. The probability of further downside movement remains high based on these figures and the downtrend visible on the chart. The target remains at the previously identified level.
What target price level and %
ChatGPT
Based on the chart and the latest COT data for CHF/JPY:
Target Price Level: The target level on the chart is identified around 168.000.
Percentage Probability: Given the bearish sentiment reflected in the COT data and the ongoing downtrend, there is an estimated 80% probability of continuation lower to reach this target level.
OPPORTUNITY FOR SELL CHFJPYWe have these indicators for SELL opportunity:
- Reflection from the top of the parallel channel (Has been created since 2008)
- Low volume to continue the current direction
- Return/re-test to (Year + 6M + 3M) high
We define 3 goals:
TP 1 = 80 pips
TP 2 = 200 pips
TP 3 = 400 pips
* Nothing grows forever, so the turndown is most likely. But beware of the "fake out" in 2015 - count on this in risk management.
CHFJPY: Bearish Rally ContinuesA bearish breakout of a support level in a horizontal range has been identified on the 4-hour chart on 📉CHFJPY.
This suggests that sellers are in control and a bearish trend is likely to continue.
The price is expected to drop further, possibly reaching the 174.90 support level.
chfjpy sell tradeHere's a bearish technical analysis for CHF/JPY on the H4 charts:
1. **Trend Analysis**:
- The overall trend on the H4 chart shows a bearish momentum. The price has been making lower highs and lower lows, indicating a downtrend.
2. **Moving Averages**:
- The 50-period and 200-period moving averages are above the current price, which is a bearish signal. The price is also below the 20-period moving average, reinforcing the bearish sentiment.
3. **Support and Resistance Levels**:
- **Resistance**: The nearest resistance level is around 177.00, which aligns with the previous swing high.
- **Support**: The immediate support level is at 175.50, which is a recent swing low. A break below this level could lead to further declines.
4. **Fibonacci Retracement**:
- The price is currently hovering around the 38.2% Fibonacci retracement level from the recent high to low. A break below this level could see the price targeting the 50% and 61.8% retracement levels, which are around 174.50 and 173.50, respectively.
5. **Technical Indicators**:
- **RSI**: The Relative Strength Index (RSI) is below 50, indicating bearish momentum.
- **MACD**: The MACD line is below the signal line, and both are below the zero line, which is a bearish signal.
- **Stochastic Oscillator**: The Stochastic Oscillator is in the oversold territory, suggesting that there might be a short-term pullback before the downtrend continues.
6. **Chart Patterns**:
- There is a potential bearish flag pattern forming, which could indicate a continuation of the downtrend if the price breaks below the flag's lower boundary.
7. **Volume Analysis**:
- The volume has been decreasing during the recent upward corrections, suggesting that the bullish moves are weak and the bears are likely to regain control.
In summary, the CHF/JPY pair on the H4 chart shows several bearish signals, including a downtrend, bearish moving averages, and bearish technical indicators. Traders should watch for a break below the support levels and the continuation of the bearish patterns for potential short opportunities.
Source: Conversation with Copilot, 7/23/2024
(1) CHFJPY Chart, Rate and Analysis — TradingView. www.tradingview.com
(2) CHFJPY technical analysis - TradingView. www.tradingview.com
(3) CHF/JPY Technical Analyses - Forex - CentralCharts. www.centralcharts.com
(4) CHFJPY technical analysis - publisher.fxblue.com. publisher.fxblue.com
CHFJPY LongNice 1 to 2 reward for patient ones.
Because it could take longer until there is movement again. I'm taking this long trade again.
CHFJPY has been in a range after the pullback for 10 days. Buyers apparently accumulate at these levels. Minimum target is the 61.8 retracement. Fundamentally, the yen has not improved. Therefore a good long in my opinion.
Trading in the range is also possible here.
CHFJPY Set To Fall! SELL!
My dear friends,
CHFJPY looks like it will make a good move, and here are the details:
The market is trading on 176.97 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 176.67
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Trade Recap - UK100 +3RUK100 pumped up before London Open. Shortly after it faked out the Previous H1 High levels. M1 entry below the Previous H1 High and Day Breakout High. Took partials at H4 bullish levels. Runners got taken out shortly after recording this.
