CHFJPY - BUYTrend Analysis: CHFJPY is in a Bullish Trend, making Higher Highs and Higher Lows on the Daily Time Frame. My Stance: I am going to buy after the previous High breakout with two candles closing above high. Longby aliejaz7321
The #1 Reason I Was Wrong About AUDJPY Or CHFJPY...AGAIN!!I was wrong about the FX_IDC:AUDJPY again..because I was trying to find the right forex trading system to not only make money but also manage my personal stress - Listen as of now am using a FREE account on Tradingview So most of these trades will be long-term trading options. Until I am able to get a paid subscription on trading view. - Long-term term trades are very good for beginners because it slows down the fast pace trading - And allows you to learn more if you are using proper risk management - This forex trade FX_IDC:CHFJPY sadly is a 7-month move at best 3 months. - Maybe later on when I upgrade to trading view essential I might be able to really develop a trading system for day trades. - Honestly, day trading does have a cost to it There is no way around it you have to pay to play in day trading. - Including mid-term trades such as 3-month holds or 1 month holds. This buy signal is a 7-month hold. This means you have to calculate your risk management strategy well. These past few days I have been battling With my trading systems because I really wanted to design a day trading system But all I can manage right now are long-term trades. My hope is that you will continue to follow and learn from these long term trades Now will this reduce my popularity sadly yes. But with my long term trading signals, I think I will be able to attract the right type of people Who have an investing mindset also its safer to trade long-term {7 months] than short-term gains. So don't feel discouraged if you are looking for short-term gains. If that's you then this recommendation and my other recommendations will never suit you because all my trades will be now focussed on me finding the best Long-term trades. Using the rocket booster strategy which has the following 3 steps: #1-The price should be above the 50 EMA #2-The price should be above the 200 EMA #3-The price should be in an uptrend This is a strategy of trading and I hope it will serve you well. Remember if you want to learn more rocket boost this content Disclaimer: Trading is risky you will lose money whether you like it or not please learn risk management and profit-taking strategies. :Longby lubosi1
#CHFJPY 2HOn the 2-hour chart for #CHFJPY, the price is currently moving within a well-defined channel pattern, suggesting a potential breakout or breakdown scenario. Traders should prepare for both directions, with opportunities to either buy or sell depending on how the market reacts to key levels. Key Insights: 1. Channel Pattern: The price is fluctuating between a clear support and resistance level, forming a horizontal or slightly sloping channel. This indicates market indecision, with buyers and sellers battling for control. 2. Breakout Scenario (Buy): - If the price breaks above the upper resistance of the channel with strong momentum, it signals the start of a bullish move. - Traders should look to enter buy positions after a confirmed breakout, ideally with increased volume, to validate the upward movement. 3. Breakdown Scenario (Sell): - Conversely, if the price breaks below the lower support of the channel, it points to a bearish shift. A breakdown would signal a good opportunity for sell positions, especially if supported by rising selling volume and momentum. 4. Volume Confirmation: Pay close attention to trading volume, as significant increases during a breakout or breakdown will strengthen the validity of the move. 5. Stop-Loss Considerations: - For the breakout (buy), place a stop loss just below the resistance level (now turned support) to manage risk in case of a false breakout. - For the breakdown (sell), place a stop loss above the broken support (now turned resistance) or the latest swing high. Trading Strategy: Entry: Buy if the price breaks out above resistance. Sell if the price breaks down below support. Take Profit: Set take-profit levels according to key resistance zones (in the case of a buy) or support zones (in the case of a sell). Stop Loss: Set stop losses above resistance for a sell trade or below support for a buy trade to minimize risk. This technical analysis provides a flexible strategy for trading #CHFJPY on the 2-hour timeframe, allowing traders to react to either a bullish breakout or bearish breakdown from the channel pattern.by PIPSFIGHTER7
CHFJPY SELL IDEACHFJPY is trading in a consolidation zone, a break below the zone will validate a sell. Let me know what you think in the comment section. GoodLuckShortby BaliForex_trades6
CHF-JPY Bullish Continuation! Buy! Hello,Traders! CHF-JPY is trading in an Uptrend and the pair is now Retesting a broken key level Of 172.734 which is now A support from where we Will be expecting a Bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals334
ChfJpy Longterm - SELLThe SNB was one of the first to start the rate-cutting process. Japan, on the other hand, has entered a rate-hiking phase, contrary to other developed central banks. This contrasting approach is helping the Japanese Yen, which has experienced a historic depreciation, to recover. When we look at the long-term main uptrend, we see that the trend price movement aligns with Fibonacci retracement levels. This technically signals the completion of the main uptrend. Our initial target is to see a drop towards the 23.6% Fibonacci level. If this level breaks, we expect a further decline towards the 38.2% level. Since this analysis is based on a weekly chart, these levels are long-term targets, and there will be several intermediate pivot levels and corrective moves along the way. If you missed the previous peak, the current price offers a second chance to sell. You can follow our analysis for intermediate levels, new position additions, and profit-taking opportunities. We will be sharing updates on lower time frame levels.Shortby TradeAndMeApp2
CHFJPY SELL POSITION The market was trending in uptrend, and price broke trendline snd retested it as a sign of reversal, for additional confirmation that price is about to change its direction there's a resistance Zone there Which was tested many times andit failed to break . Sell After the price breake the neckline Shortby RealGeeMofock4
CHFJPY Will Go Higher From Support! Buy! Take a look at our analysis for CHFJPY. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 172.733. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 174.189 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider113
CHF/JPY BEARS ARE GAINING STRENGTH|SHORT Hello, Friends! CHF/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 171.302 area. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals113
CHFJPY - Bearish TrendCHFJPY formed Bearish Divergence on RSI, will it start Bearish Trend? Entry, Stop Loss & Take Profit are mentioned. CHF Fundamentals: SNB is reducing policy rates since March 2024, Switzerland Inflation Rate is at 1%, compared to 1.2% last month further expectations are rate cut trend will continue from 1.25% to 1% TODAY. Which may weaken CHF further. JPY Fundamentals: BOJ is increasing policy rates since March 2024, which is causing continuous strength in JPY.Shortby Umair_AmjadUpdated 2
CHFJPY - Symmetrical TriangleCHFJPY is making Symmetrical Triangle Pattern, will it breakout & move towards target? Entry, Stop Loss & Take Profit are mentioned. CHF Fundamentals: SNB is reducing policy rates since March 2024, SNB rate cut as from 1.25% to 1% recently may result in weak CHF. JPY Fundamentals: BOJ is increasing policy rates since March 2024, which is causing continuous strength in JPY. by Umair_AmjadUpdated 0
CHFJPY - Ascending TriangleCHFJPY is making Ascending Triangle Pattern, will it breakout to reach target? Entry, Stop Loss & Take Profit are mentioned. CHF Fundamentals: SNB is reducing policy rates since March 2024, SNB rate cut as from 1.25% to 1% recently may result in weak CHF. JPY Fundamentals: BOJ is increasing policy rates since March 2024, which is causing continuous strength in JPY.Shortby Umair_Amjad113
CHF_JPY BULLISH BREAKOUT|LONG| ✅CHF_JPY is trading in an Uptrend and the pair broke The key horizontal level Of 172.700 which is now A support and then made a A retest and going up again So we are bullish biased and We will be expecting a Further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx112
CHFJPY BUY BASED ON WD GANN I have mentioned a buy limit and stop-loss for CHF/JPY trading. It's risky, so try using it on a demo account first. All trades are based on WD Gann and astrology. Longby ganntimetrader111
CHFJPY: Bullish Continuation 🇨🇭🇯🇵 I see a confirmed bullish breakout of a key daily resistance on CHFJPY pair. The market may continue growing. Next resistances - 174.1 / 174.5 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader118
CHFJPY new bearish expectations CHFJPY strong bearish we are can see, on CHFJPY still bearish push to expect TP1: 167.250 (250) TP1: 165.450 (450) Shortby DepaTradingUpdated 4
CHFJPY - Easy 1000pip Trade.. Atleast!Our last CHFJPY over extended a little but it was still valid. Price dropped 1300pips from the break of our entry trendline! We have now created a correction and looking for another 1000pip drop. There's a chance we may make a complex correction, as indicated on the chart. There is still a 1000pip drop to our first target so this one is definitely one to watch! Trade Idea: - Watch for reversal within the fibs - Entry on break of trendline or you can use lower timeframe BOS or other methods - once entered, put stops above price - Target the recent lows as first target (165.5 (1000pips) - Make sure to taper some positions there and watch to see if we get the complex correction or if we continue dropping. What do you guys think? Goodluck and as always, trade safe!by WicktatorFX1156
CHF/JPY Buy Setup Awaiting Bullish TDI ConfirmationCHF/JPY has formed an OLHC structure, indicating a potential buy setup. Confirmations include a bullish divergence and an Open Low structure on the daily timeframe. Buyers are expected to enter the market once the TDI shows a bullish cross. My target is 171.750. Please trade with caution, and if you find this analysis helpful, support it with a like, share, or comment.Longby ezeepipsUpdated 3
Trade idea - CHFJPY Long4H Corrective approach towards entry zone. -68 Fibonacci completion aligning with entry zone. = Buy limit. 1.5% risk. Aiming to take full profit at Daily TP. Longby PipjagerUpdated 1
CHFJPY in important resistance area; yen to strengthen?CHFJPY in important resistance area on daily chart; yen to strengthen? The Swiss franc and Japanese yen currency pair (CHFJPY) has maintained a steady uptrend on the daily chart since 2020, consistently trading above the 200-period Moving Average. However, in September, CHFJPY dipped below the SMA200 for the first time, signaling a potential increase in selling pressure and indicating a stronger appreciation of the yen against the franc. This yen appreciation aligns with Japan’s recent shift in monetary policy – the Bank of Japan had kept interest rates in negative territory since 2016. On July 31, Japan raised its key interest rate for the second time in 2024, bringing it to 0.25%. Meanwhile, the Swiss National Bank (SNB) has consecutively lowered interest rates during its last three meetings. Technical indicators point to potential downward pressure on CHFJPY From a technical perspective, after breaking below the SMA200 on the daily chart, CHFJPY retested it from below, suggesting that the SMA200 may now act as a level of resistance. The price also reached the 50% retracement level of the bearish Fibonacci on the daily chart, which could serve as potential resistance. A double top pattern is also forming in the same Fibonacci region. From a technical standpoint, a confluence of factors can be seen: 1. The SMA200 was broken, previously acting as support, and could now serve as resistance. 2. A retracement to the 50% level of the bearish Fibonacci, which could also act as resistance. 3. A double top forming on the daily chart. From a macroeconomic perspective, the following is affecting CHFJPY: 1. A shift in Japan’s monetary policy with two interest rate hikes this year. 2. Monetary easing in Switzerland – the SNB has cut the policy rate three times in 2024. It currently stands at 1% – the lowest level since early 2023. These factors create a context where a potential short opportunity could become more apparent if the price breaks below 171.30. If that occurs, CHFJPY could decline to the 167.10 level within a few days, where it may encounter some support. Disclaimer: 76.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK.Shortby Marketscom4
CHF JPY buying zones Here are the alerts on CHFJPY at the levels I will gradually want to buy positions Longby ypkiss120
CHFJPY - Long TradeOn Monday (beginning of the new week), price swept the previous week low (PWL) with a great sign of strength - market structure break (MSB). As a target, I prefer the opposite liquidity pool to the previous week high (PWH). Excited to see your opinion in the comments, and I'd like if you boost this idea if it was helpful for you!Longby Maks_KlimenkoUpdated 3