CHFJPY trade ideas
CHFJPY - In Bullish FlagCHFJPY is observed making a bullish flag which is a continuous pattern. There is no divergence on 30m time frame and I have chosen the same for my analysis. I have drawn a bullish flag projection and placed a pending order of Buy Stop. I have selected an entry point a bit above the pole.
The Signal is:
EP: 179.870
SL: 179.568
TP: 180.172
RR: 1%
Lots: 0.52
CHF/JPY Will Fly Very Soon Be Readyfor a while all the JPY pairs have been flying only no respect for any resistance or any strong levels. and since " THE TREND IS YOUR FRIEND" is my main rule and i never break it i think i should find a buy setups only in all JPY pairs.
right now the price made small decent waves on the 4h timeframe. the price is so close to 71% fib level in my fib tool so it will be great chance to set a buy limit trade on this pair right now. here is my trade details.
Buy Limit order on
CHF/JPY @ 178.950
SL: 178.450
TP: 180.950
CHFJPY Set To Fall! SELL!
My dear followers,
This is my opinion on the CHFJPY next move:
The asset is approaching an important pivot point 179.39
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 - 178.94
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
CHFJPY JULY 2024 WEEK 2 OUTLOOK -
Daily - Long bias. Looks good for longs here. a pullback seems like the thing to look for but CHFJPY (JPY) have proven to not need a lot of small pullbacks.
Origin - Long bias. I'll wait for price to tag VA / highlighted area over here and then drop down to 15M and look for our regular entry.
CHFJPY JULY 2024 WEEK 2 OUTLOOK -
Daily - Long bias. Looks good for longs here. a pullback seems like the thing to look for but CHFJPY (JPY) have proven to not need a lot of small pullbacks.
Origin - Long bias. I'll wait for price to tag VA / highlighted area over here and then drop down to 15M and look for our regular entry.
CHFJPY: Classic Trend-Following 🇨🇭🇯🇵
On a today's live stream with my students,
we discussed CHFJPY.
Even though the momentum is slowing down,
the pair still remains bullish.
After a test of a solid rising trend line on a daily,
we see a strong positive bullish reaction.
I think that the pair will go higher.
Goals: 179.4
❤️Please, support my work with like, thank you!❤️
CHFJPY Channel Up resuming towards 189.000The CHFJPY pair is about to end a short-term consolidation, which seems to be symmetrical with the first week of May 2023. The long-term pattern is a Channel Up since December 2022 and the Higher High on that sequence was priced on the 3.0 Fibonacci extension.
As you can see the 1D RSI sequences between the two Bullish Legs fractals are very similar and we are currently on a bounce formation similar to the May 11 2023 bottom. Our long-term Target is 189.000 (just below the 3.0 Fibonacci extension).
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CHFJPY: Bullish Continuation is Expected! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the CHFJPY pair which is likely to be pushed up by the bulls so we will buy!
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CHF/JPY Gave On Friday +50 Pips 0 Drawdown , New Entry Valid !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.
CHFJPYCHFJPY right now price is in bullish trend as price making higher highs and lower highs, but there is divergence on RSI, and there is also a double top pattern so price may be retrace or reverse, so our entry level at the broken of last lower high point, if price broken last lower highs than there is our entry and trade plan mentioned on the chart.
CHFJPY → Trade Analysis | SELL SetupCHFJPY is currently testing a previously broken horizontal support level, which is now likely acting as resistance following the breakout.
To confirm the bearish trend, I have observed a horizontal range on the hourly chart and a bearish breach of its support level.
Is moving in an ascending channel, move to the resistance level and We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity CHFJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
How much more will the yen continue its devaluation?Still no support from the BoJ to stabilize their Japanese yen. But there is a reason for that...
#USDJPY EASYMARKETS:USDJPY FX_IDC:USDJPY
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