Perspective on CHFJPYPrice at 175.000 we can expect a 100 pips drop .bouncing off at Resistance Area or Supply Zone .
CHFJPY trade ideas
CHFJPY is in bullish phasetrend line on 4hr tf is bullish and not been broken and the trend on 1hr tf is also bullish which suggests that price will move upwards after being stayed in range for sometime
CHFJPY SHORT Current pair approaching 5 year high and likely to see reversal at the end of a symmetrical triangle pattern
CHFJPY is BearishBearish divergence has appeared on hourly time frame, and the bears seem to have taken control of the price action as the price has failed to print a new higher high. If previous higher low is broken, it could mean that a bearish rally could trigger from there. Targets are mentioned on the chart.
Chf/Jpy Sell IdeaChf/Jpy has made this huge high that many traders have been trying to sell for months.
I actually held off on posting a sell to this... UNTIL NOW!!!!
I believe price just hit resistance and will fall straight to hades!!!
This idea is based upon the idea of support and resistance meaning that when price reaches a certain price to where it fell before , it will fall again.
I believe that huge wick to the left with the red arrow is our resistance price point.
Chfjpy shortTriple top and we have started wave 4 of 5 on the Daily timeframe using Elliott Wave. I expect a nice approximately 150+ pip move to the downside. Perform your own due diligence and analysis before taking a trade.
CHFJPY - Biggest Trade Of The Year! CHFJPY is setting up to what could be the biggest trade of the year. We are anticipating a drop of atleast 1,600pips!
We are currently in an ending diagonal indicating that we have almost completed this bullish wave and that we should be ready for to sell.
The breakdown of the ending diagonal is as follows: 5 waves consisting of 3 subwaves each. We are in the final 5th and final wave and looking for a massive breakdown soon.
Please note that the 5th wave can extend or fall short of the diagonal resistance so do take that into account.
Trade Idea:
- Watch for signals of reversal
- once seen, enter with stops above highs
- Targets: 167 (900pips), 160 (1600pips), Swing TP: 148 (2800pips)
You do to have to risk big to win big when it comes to swing trading!
Goodluck and as always, trade safe!
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CHFJPY - Look for a long !!Hello traders!
‼️ This is my perspective on CHFJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to continue the retracement to fill the imbalance and then to reject from bullish order block + institutional big figure 174.000.
Fundamental news: Next week on Friday (GMT+3) we have important news in Japan, we will see results of Interest Rate. Pay attention to the result in order to validate the analysis.
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Setup Sunday 09-06Hello traders,
Last week was a bit slow, because there was a correction as result of the big impulses from the week before.
In this video my setups and expectations of the market for the next week(s)
Enjoy and happy trading! :)
CHFJPYCHFJPY was making HH and HL. Now bearish Divergence appeared on one hour timeframe which suggests possible trend reversal. for further confluence, bearish divergence also appeared on 4-hr time frame. in case, bears get strength, the instrument may go down.
CHF/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
CHF-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 172.716 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the CHF/JPY pair.
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CHFJPY Trend Continuation TradeCHFJPY Trend Continuation Trade
1. Weekly Uptrend
3. Nice bullish candles build-up
4. Structure HH-HL-HH-HL
5. Trend Following Indicator confirmation
6. BUY/SELL Indicator confirmation
7. Strong CHF Environment
8. 2% Risk, Nononsense Trade Management - VP THANKS!
9. 1,5 Daily ATR Stop Loss
10. 1 Daily ATR Take Profit and then Break-even
11. Exit on reverse candle/exit indicator signal/Break of Structure
Short CHFJPYHi fellows.
We have an idea to trade at resistance point. Short with stop loss 175.30, take profit at 173.
We have the win ration of 1:4
CHFJPY Resistance Breakout Spotted At 175.130 06.06.2024- Resistance breakout spotted at 175.130 on CHFJPY's 1-hour chart.
- If breakout holds, potential rise to 175.664.
- Break above 175.664 could lead to further gains towards 176.344.
- Conversely, if breakout fails, potential drop to 174.708.
- Break below 174.708 may trigger further decline to 174.377.
- Apply risk management
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CHFJPY is in bullish phasewith no divergence and bullish flag pattern in making which is a good sign of the continuity of bull rally
CHF/JPY For Bullishyou can go long now
or
wait for creating higher low at red arrow or inside range of fibo levels (50:61) and then go long
- General Trend is Up Trend
- JPY is Weak
have fun :)
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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CHFJPY: The Resistance HOLDS!CHFJPY is likely to pull back from a significant daily resistance level near the high of the year.
This is supported by a double top pattern with a confirmed breakout below the neckline.
I anticipate that after retesting the neckline of the double top, the market will continue to move downwards towards a rising trend line.
CHFJPYWe can attempt to short CHFJPY from specified level as it break HL , trendline support , also there is bearish divergence indicate that it moves downward.
SL , TP mention in chart.
