CHF/JPY For Bearish after retested Previous Pull-back levelyou can go short now
- General Trend is Down Trend
- Price retest previous pull-back level at red arrow
have fun :)
CHFJPY trade ideas
possible short position at resistancemarket coming down into the range for possible selling opportunity
#CHFJPY elliot wave analysisAs can be seen, it looks like we are dealing with an ABC bullish corrective wave pattern, currently in wave 4 of wave C. There is a possibility of another short-term bullish move to complete wave C.
From there, we could look for selling opportunities in the direction of the higher timeframe trend.
Let me know if you would like me to publish an analysis in a lower timeframe on this chart to take advantage of this rally.
SWING TRADERS DELIGHT.CHF is one of the strongest currencies in recent times, looking at the weakness of jpyx lately, i anticipate a swing in the next 2 weeks of august, a 400 pip swing trade. trade responsibly, see the chart for more details. don't risk more than 1% of your account on any position.
CHFJPY BUY IDEADear friends and followers,
I present to you my analysis on CHFJPY PAIR...
JPY is crashing gradually after July BULLISH MOVE..
give all JPY pairs strong opportunity to go bullish ..
Check my free analysis and make money for yourself..
Like and comment if you enjoy and need more
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 38 -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?
CHF/JPY Day Trading Analysis With Volume ProfileOn CHF/JPY, it's nice to see a strong sell-off from the price of 175.83. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
The downtrend combined with the strong volume area along with the strong S/R area from the past are my main reasons for this short trade.
Happy trading,
Dale
CHFJPY: A Potential to Drop Lower 🇨🇭🇯🇵
CHFJPY has a nice potential to drop lower
after a retest of a recently broken horizontal structure support.
The price may reach 172.9 level soon.
❤️Please, support my work with like, thank you!❤️
Forex Signal Alert: CHFJPY Pair AnalysisDear Traders,
We have identified a promising trading opportunity for the CHFJPY currency pair.
Direction: Sell
Enter Price: 173.941
Take Profit: 173.28066667
Stop Loss: 174.86166667
Rationale: Based on our analysis using the EASY Quantum Ai strategy, we predict a downward movement for the CHFJPY pair. Our strategy incorporates multiple technical indicators and market sentiment analysis that suggest a bearish trend. Specifically, we have identified an overbought condition and potential reversal signs, which support the sell recommendation.
1. Overbought Conditions: Oscillators such as RSI and Stochastic indicate that CHFJPY is in the overbought territory, increasing the likelihood of a price correction.
2. Market Sentiment: Recent market events and fundamental analyses suggest a weakening of the Swiss Franc against the Japanese Yen, driven by differing economic policies and market reactions.
3. Technical Patterns: Chart patterns such as head and shoulders and double tops have emerged, supporting our bearish outlook.
Stay vigilant and adjust your positions accordingly. Trade responsibly!
Best regards,
Your Trading Team
CHFJPYThis Weekly FORECAST
Opportunity for CHFJPY. This setup trading idea is for intraday. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
CHFJPY BearBearBias Bearish from H4 TF
Fundamental
JPY is strong with a lot of bullish data. CHF is fairly strong but interest rate come down
Price Action
Price retrace back into Daily SR level. Formed a double top pattern. Price breakout of the SR level of H1 rejected from Daily S/R level. Price is bearish to continue the H4 trend align with the Trendline
Confluence
Reject daily S/R level & H4 bearish trendline. Formed double top pattern and broke lower low close. H1 SR level and bullish trendline both got broke which make it a strong confluence point
Setup
Short Entry Broken H1 SR level.
SL 2x ATR(20)
TP Next daily SR level below. R:R 1:3
CHF/JPY For Bearish after Finish Pull-backyou can go short now
- General Trend is Down Trend
- Price finish its Pull-back at Red Arrow
have fun :)
CHFJPY is BullishPrice was in a downtrend, but the bullish divergence indicates that bulls are rallying and trying to win the control back. Previous lower high is broken successfully, and now price is trying to define a higher low, which could mark the beginning of another bullish leg up as per Dow theory. Targets are mentioned on the chart.
Continuation shortWe have been seeing JPY pairs fall since the 11th. CHFJPY is now presenting a possible short day trade opportunity. USDJPY has similar price action, but CHFJPY has clearer and more definite price action, showing a descending triangle broken and to be retested.
Forex Trading Signal: CHF/JPY Buy AlertDear Traders,
We have identified a promising trading opportunity for the CHF/JPY currency pair. Below are the trading details:
Direction: Buy
Enter Price: 174.6
Take Profit: 175.728
Stop Loss: 172.898
Justification:
We have made this forecast using our advanced EASY Quantum Ai strategy, which leverages historical data analysis, market sentiment, and technical indicators to provide high-accuracy predictions. Our analysis indicates a potential upward movement due to the following factors:
1. Technical Analysis: The current price has shown strong support levels around 174.6. The RSI and MACD indicators suggest bullish momentum.
2. Fundamental Analysis: Recent economic data from Switzerland indicates robust performance, contributing to the strength of the Swiss Franc.
3. Market Sentiment: Observations reveal an increase in buying pressure for CHF, suggesting positive investor sentiment.
Execute this trade with the specified entry price, take profit, and stop loss to manage risk effectively.
Happy Trading!
This forecast is provided by the EASY Quantum Ai strategy to maximize your trading success.
Elliott Wave Intraday Analysis: CHFJPY Bouncing Higher from SuppShort Term Elliott Wave view in CHFJPY suggests the decline from 7.11.2024 high unfolded as a zigzag structure. Down from 7.11.2024 high, wave A ended at 175.84 and rally in wave B ended at 177.64. The pair then extended lower in wave C with internal subdivision as an impulse. Down from wave B, wave ((i)) ended at 176.91 and rally in wave ((ii)) ended at 177.51. Pair then extended lower again in wave ((iii)) towards 173.15 and bounce in wave ((iv)) ended at 173.96. Final leg wave ((v)) lower ended at 172.28 which completed wave C of (4).
Pair has turned higher in wave (5). Up from wave (4), wave (i) ended at 173.3 and pullback in wave (ii) ended at 172.6. Pair then rallied higher in wave (iii) towards 175.15 and pullback in wave (iv) ended at 174.11. Expect pair to extend higher in wave (v) which should complete wave ((i)) in higher degree. It then should pullback in wave ((ii)) to correct cycle from 7.25.2024 low before the rally resumes. Near term, as far as pivot at 172.28 low stays intact, expect dips to find buyers in 3, 7, or 11 swing for further upside.
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: 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)
🔑
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.
