#006 NEW DCA CHFJPY Up ChannelBuying CHFJPY, opposing my two other JPY trades, USDJPY and CADJPY.
TP set at the next Minor Resistance level as shown above.
Positions will be shown in the next update below.
1722SGT 12122024
CHFJPY trade ideas
CHFJPY: Intraday Bearish Move Confirmed 🇨🇭🇯🇵
I think that CHFJPY may retrace from a key daily horizontal resistance.
I spotted a formation of a symmetrical triangle pattern on an hourly time
frame after its test.
The breakout of its support line indicates a local strength of the sellers.
We can expect an intraday bearish movement at least to 171.82 level.
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CHFJPY Will Go Down! Sell!
Here is our detailed technical review for CHFJPY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 172.362.
Considering the today's price action, probabilities will be high to see a movement to 171.702.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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CHF/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
CHF/JPY is making a bullish rebound on the 2H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 170.982 level.
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SELL CHF1. Support and resistance levels
2. Trend lines
3. Reversing patterns.
4. Interest rates Swiss National Bank
CHFJPY1. Support and resistance levels
2. Trend lines
3. Reversing patterns.
4. Interest rates Swiss National Bank
CHFJPY MARKET ANALYSIS AND PRICE PREDICTIONCHFJPY , has finished consolidating at the institutional renegotiation zone. Decision has been taken in favor of the Bulls. Price has broken a structure already and a Bullish order is Flowing. Price May retrace bit to give the Bulls a perfect entry at 61.8% discount price. Right now price is at 50% discount which is still good for entry. Take profit 1 is the trend line liquidity and Take profit 2 is the renegotiation resistance to clear the Buyside liquidity.
Entry, Take profit 1 &2 , stop loss are well sated on the chat.
GOOD LUCK GUYS!
CHFJPY FORECASTI love how higher timeframe is looking like. The fact that we have already broken the potential high at the foorprint, it makes me to have a close look on this pair. Looking for the first correction early on the move.
New York / Asia Session Recap - NAS100, CHFJPYA recap of my NAS100 trade in New York Session and my CHFJPY trade in Asia Session. NAS100 Fakeout Continuation Setup. CHFJPY Fakeout Reversal Setup.
CHFJPY - Downtrend to Continue?Swiss franc looking on its heels ahead of inflation figures later this week. Opposite, Yen may have buyers with recent hawkish rhetoric relative to past signals. I like the swing into previous support here. So I am take a short position with a wait-and-see stance. Looking for 40 pips or better depending on the market action.
CHF-JPY Bearish Bias! Sell!
Hello,Traders!
CHF-JPY has retested a
Horizontal resistance
Of 172.868 and as the
Pair is locally overbought
We will be expecting a
Local bearish correction
Sell!
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Check out other forecasts below too!
CHFJPY TRADE UPDATECHFJPY looks promising, and our strategy is to wait for the SOS signal to occur on the 4-hour timeframe, along with confirmation of a pullback. Let's allow the price to develop further while we monitor for the SOS indication. It’s crucial to let the price action unfold before making any decisions.
SELL view on CHFJPYSelling CHF/JPY could be based on several macroeconomic and technical assumptions. Here’s a rationale based on both real-world factors and potential market dynamics:
1. Swiss National Bank (SNB) Policy
Monetary Policy Divergence: If the Swiss National Bank (SNB) maintains a dovish stance, perhaps due to concerns about inflation being too low or economic growth faltering, it may continue to hold interest rates lower for longer or engage in monetary easing. This could weaken the Swiss franc (CHF), making CHF/JPY a good candidate for a sell.
Interventions: The SNB is known for intervening to prevent excessive CHF appreciation, especially since a stronger franc can hurt Switzerland's export-dependent economy. This intervention could lead to CHF depreciation, favoring short positions.
2. Bank of Japan (BoJ) Shift
Potential Policy Shift: If the Bank of Japan (BoJ) signals a shift away from its ultra-loose monetary policy—possibly by reducing bond purchases or raising rates slightly—this would support a stronger yen (JPY). Recent inflation pressures in Japan have prompted discussions about tighter policy, which could drive yen appreciation.
Inflation and Wages: Japan has seen modest inflation, driven by rising wages and cost-push inflation, which could encourage the BoJ to adjust its policies more aggressively in the future, strengthening JPY.
3. Risk Sentiment and Safe Haven Flows
Shifts in Global Risk Appetite: Both CHF and JPY are considered safe-haven currencies, but JPY tends to outperform CHF in times of heightened risk aversion, especially with Asian investors and markets playing a larger role in global trade. A sudden rise in geopolitical tensions or market risk could favor the yen over the franc, creating downward pressure on CHF/JPY.
4. Technical Analysis
Overbought Conditions: If CHF/JPY has been in a prolonged uptrend and technical indicators such as the Relative Strength Index (RSI) or MACD suggest overbought conditions, this could signal an upcoming correction or reversal, making it a good time to sell.
Resistance Levels: Price approaching a strong resistance level, where CHF/JPY has previously reversed, might be another technical signal to initiate a sell trade. Combined with weak fundamentals, this could increase the likelihood of a pullback.
5. Switzerland’s Economic Slowdown
Slower Economic Growth: If Switzerland’s economic indicators, such as GDP growth, export performance, or business confidence, show signs of slowing down, it may reduce demand for the franc as investors anticipate lower returns or a more stagnant economy.
6. Japanese Trade Surplus
Strength in Japanese Exports: Japan's trade balance has been improving, driven by strong exports, especially in high-tech and automobile sectors. A growing trade surplus supports JPY strength, which could pressure CHF/JPY downward.
By combining these factors—particularly monetary policy divergence, risk sentiment, and potential technical signals—a sell position on CHF/JPY could be strategically viable.
CHF_JPY RISKY SHORT|
✅CHF_JPY is going up to retest a horizontal resistance of 173.000
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 171.806
SHORT🔥
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Bullish Crab on CHFJPYLooking a nice buy here as price has completed the Crab pattern at the D entry point. This D entry point, along with the break and retest of the red horizontal line, gives us added confluence to enter the buy....a little late on this one but better late and confirmed.
CHFJPY long ideaprice goes up and break the zone after lil consolidation SL is at the bottom of that range and i will wait for it to touch 171.773
CHFJPY - Bullish TrendFollowing are the factors involved in Bullish Continuation:
1. Series of HH and HL
2. Divergence Diluted
CHFJPY Smart Money Concepts (SMC)In modern trading, especially within the Smart Money Concepts (SMC) methodology, terms such as Order Blocks, Imbalances, Breaker Blocks, and Inverted FVG (Fair Value Gaps) are widely used. Below is a detailed explanation of each:
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1. Order Blocks
An Order Block is a zone on the chart where large institutional investors have left "traces" of their operations, meaning a place where there was a concentration of buying or selling activity. It is typically the last candle before a significant price movement.
Bullish Order Block: The last bearish candle before a strong upward movement.
Bearish Order Block: The last bullish candle before a strong downward movement.
How to use:
Price often returns to order blocks before continuing the trend.
Order blocks are used as potential entry or exit zones.
Example:
If the market is falling and a sharp reversal upwards begins, the last red candle before this rise is the bullish order block.
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2. Imbalances
An Imbalance is a zone on the chart where demand and supply were sharply uneven, creating "gaps" in the market structure.
These zones are often referred to as FVG (Fair Value Gaps)—an area between the wicks of the first and last candles of three consecutive candles, where the middle candle does not overlap with the first or third.
It is believed that the market tends to fill these gaps, meaning the price often returns to these zones before continuing its movement.
How to use:
Imbalances can serve as a reference for identifying potential retracement zones.
Enter a position when the gap is filled.
Example:
In an uptrend, if the price rises sharply, creating a gap between the wicks of candles, traders can expect the price to return to this area.
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3. Breaker Blocks
A Breaker Block is a zone that forms when the market breaks a key support or resistance level and begins moving in the opposite direction. They appear where an order block was "broken."
Breaker Blocks indicate that the previously dominant trend has been broken, and the market is preparing for a new movement.
They can also be used to filter valid order blocks.
How to use:
After an order block is broken, the former support/resistance zone can serve as an entry point after a retest.
Used to identify trend reversals.
Example:
In an uptrend, if the price breaks below the previous bullish order block, it becomes a bearish breaker block.
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4. Inverted FVG (Inverted Fair Value Gap)
An Inverted FVG is a zone where the market provides excessive liquidity in the opposite direction, creating an opportunity for "smart money" to trap traders in the wrong movement.
An Inverted FVG occurs when the market "absorbs" liquidity, making traders believe the trend is continuing, but it is actually a manipulation before a reversal.
It is used to analyze price manipulation and find entry points against the "trap."
How to use:
Enter after the price has covered the FVG zone and confirmed a reversal.
Inverted FVGs often appear in zones that collect stop losses.
Example:
In an uptrend, the price sharply breaks a resistance zone (creating an FVG) but then reverses back and moves downward.
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Conclusion
Order Blocks and Breaker Blocks help identify zones where large players may enter the market.
Imbalances highlight areas where the price might return to balance demand and supply.
Inverted FVGs help traders avoid traps set by large players and enter the market more strategically.
These elements are especially useful for traders following SMC principles, as they provide a deeper understanding of the actions of major market participants.
