CHFJPY trade ideas
CHFJPYThe price show as he is go down as we see the breakout of the structure and also rejection from the sellers zone with confirmation with engulfing pattern
CHFJPY SHORTMarket Analysis:
Asset: CHF/JPY
Timeframes:
1-Hour: Bearish divergence confirmed (lower highs on RSI, higher highs on price).
4-Hour: Bearish trendline tested and respected (3 touches for confirmation).
Bias: Bearish.
Trade Setup:
Entry Point:
Enter a sell position after price rejects the 4-hour bearish trendline.
Look for confirmation such as a bearish engulfing candle or rejection wicks on the 1-hour chart.
Stop-Loss:
Place stop-loss above the recent high (or above the 4-hour trendline for safety).
Take-Profit Levels:
TP1: Near the previous 1-hour swing low.
TP2: Strong support level on the 4-hour chart.
Risk Management:
Position Size: Risk no more than 1-2% of your trading capital.
Risk-Reward Ratio: Aim for a minimum 1:2 R/R ratio.
Additional Confirmation:
Indicators:
RSI: Bearish divergence aligns with overbought conditions.
MACD: Look for bearish crossover confirmation.
Candlestick Patterns: Watch for reversal candles (e.g., bearish engulfing, shooting star).
CHFJPY Symmetrical Triangle Pattern AnalysisCHFJPY is currently trading at 170.100, with a target price set at 165.000. The trade setup suggests a potential gain of over 500 pips if the price reaches the target. A symmetrical triangle pattern has been identified on the chart, a common technical pattern indicating consolidation before a breakout. In this case, the breakout has already occurred to the downside, signaling a bearish trend. Traders often expect strong momentum after a confirmed breakout, reinforcing the probability of price decline. The target of 165.000 is likely based on measured move calculations from the triangle pattern. Risk management strategies, such as stop-loss placement, are crucial to mitigate potential reversals. Fundamental factors like central bank policies or economic events could influence the trade’s outcome. If selling pressure continues, the price may reach the target faster than anticipated. Monitoring key support and resistance levels will help assess trade validity.
Trends in trendDouble bottom of trend indicates the end of a trend meaning now the market it's about to respect the triangle
CHFJPY Opportunities in Symmetrical Triangle PatternCHFJPY is currently consolidating within a symmetrical triangle pattern on the Daily time frame, indicating a potential rebound movement in the near future.
My trading plan is to buy if the price successfully rebounds at the lower boundary of the triangle or breaks out to the upside from the pattern, which could provide further confirmation for a bullish trend. The profit target for this setup is in the 180 to 185 area, which represents the next resistance level. A stop loss is placed below the lower boundary of the triangle to ensure proper risk management.
Disclaimer:
This analysis is part of trading plan and does not constitute trading advice. Always apply proper risk management in every trading decision.
Feel free to share your thoughts or request other analyses—just drop a comment!
CHFJPY Symmetrical Triangle - Bullish or Bearish Breakout AheadCHFJPY is currently forming a Symmetrical Triangle pattern, with price moving between higher lows and lower highs. This indicates market indecision as the buying and selling pressures are in balance. As the pattern continues to tighten, we can expect a breakout in either direction. Watch for a move above the upper trendline for a bullish breakout or below the lower trendline for a bearish continuation.
CHF/JPYCHF/JPY (DAILY)
Price swept the early buyer liquidity disrespected the bearish momentum gap leaving behind a bullish momentum gap, created a low which represents retail liquidity. Now i am waiting for the retail liquidity to be swept and for price to tap into my 71% fib level which fits right inline with the bullish momentum gap then i will enter a buy position targeting the major price alignment structure high with my stop loss being set at the low that was created after my the early buyer liquidity was swept.
Lingrid | CHFJPY short from RESISTANCE zoneThe price perfectly fulfilled my previous idea. It reached the target. The price pulled back to the resistance level after a bearish move, but failed to break above the 172.000 level, forming a false breakout. I think that if the price falls below the trendline, it may retest the recent lower low level. Looking at the daily timeframe, we can see that the price action is forming a large triangle pattern, and it appears to be poised for a downward move. In addition, the price squeeze is likely to lead to a breakout, so I expect the market to move lower. My goal is support zone around 170.000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
CHFJPY: Pullback From Resistance 🇨🇭🇯🇵
I think that CHFJPY may continue falling from the underlined resistance.
As a confirmation, I see a local Change of Character CHoCH
on an hourly time frame.
Goals: 171.64 / 171.45
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Possible upward trajectory Franc Yen is consolidating and may either break to the upside or downside. This correction phase seems to be a bullish flag, and if it successfully breaks with an attitude of settling out off the flag, price may push up. However, struggling to go up and break this phase down, may seem price action go down.
chfjpy sell tradeThe Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward move
CHFJPY - SELL - TP: 171.385Hello, the CHFJPY tried to go uptrend, but it looks failed.
JPY is so strong today.
I expect it will be long down trend.
My SL : 170.550
My Entry : 171.364
My TP : 170.550
Good Luck.
Must Remember : If You keep trading with big lot over your margin level, the trend will be reversal temporary. and then it will do big drop after stopped-out your account.
So, I recommend trading small lot. My Chart is very powerful analysis, but I saw someone, a poor played a gamble. Please, don't play like gamble. we lost a money because of your gamble trading.
Good luck.
CHFJPY is in the Buying DirectionHello Traders
In This Chart CHFJPY HOURLY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (CHFJPY market update)
🟢What is The Next Opportunity on CHFJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Here Is My Tricks For How Made +2000 Pips In This Week 0 DD !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.
sell idea CHFJPYToday's JPY news has sparked a bearish reaction, with price breaking and retesting the trend line on the 1-hour chart.
Near-term Outlook:
Expecting further downside momentum, targeting the previous month's lows.
Key Levels to Watch:
- Broken trend line
- Previous month's lows
PS: This analysis is for educational purposes only and should not be considered financial advice and always remember to practice good risk management.
Lingrid | CHFJPY bearish DIVERGENCE at RESISTANCE zoneThe price perfectly fulfilled my previous idea. It reached the target. FX:CHFJPY market has reached the resistance zone at 173.000, where it has formed a bearish divergence, indicating that the market may be losing momentum. Given that this level is a strong resistance zone where the price has previously dropped, there is a higher likelihood of a reversal or a pullback again. The market’s break above the downward channel is significant, and I anticipate a potential retest of this channel before making any further moves. My goal is support zone around 171.800
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
SELL CHFJPY - JPY Strength to return??Trader Tom, a technical analyst with over 16 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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SELL CHFJPYIn the 4h time frame, we see price is breaking the lows.
In 30m the choch is created and it left liq above.
If we use fib tool, we see it sounds with prime price and demand zonal price.
Now we have set a POI and wait the pull back to retest and clear the resting liq and drop
Let us see how it will play 📌
CHF/JPY IN 4 HOURPrevious analysis of chf/jpy it shows market is downside trend in 4 hour we are looking for entry.that is all now
CHF/JPY DIRECTIONThis is chf/jpy analysis,market overall is downside trend because price has already break day one swing low and make a pullback.At the moment it's good time to start looking for entry from 4 hour we wait for change of character for a better price.Trade safe
