CHFJPY this thing is gonna launch ๐Swiss Franc / Japanese Yen forum
๏ปฟCHFJPY this thing is gonna launch ๐
CHFJPY swing traders assemble ๐, 169.00 here we come
CHFJPY Triangle is formed
CHFJPY hi everyone. Itโs very crazy world around us at this momentโฆ but I want to believe chg/jpy 176 area it was top of the yearโฆ.
CHFJPY Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the CHF/JPY "Swiss vs Yen" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk ATR Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. ๐๐ธ"Take profit and treat yourself, traders. You deserve it!๐ช๐๐Entry ๐ : "The heist is on! Wait for the MA breakout (172.500) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level.
๐I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss ๐: "๐ Yo, listen up! ๐ฃ๏ธ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout ๐. You feel me? Now, if you're smart, you'll place that stop loss where I told you to ๐, but if you're a rebel, you can put it wherever you like ๐คช - just don't say I didn't warn you โ ๏ธ. You're playin' with fire ๐ฅ, and it's your risk, not mine ๐."
๐ Thief SL placed at the recent/swing low level Using the 4H timeframe (169.700) Day / swing trade basis.
๐ SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
๐ดโโ ๏ธTarget ๐ฏ: 175.500 (or) Escape Before the Target
CHFJPY shorted...SSJ @ 171.05
multiple confluence n confirmation
๐
CHFJPY It broke and closed below a key daily horizontal support.We see a strong bearish reaction to that after its retest.
I think that the pair will drop and reach at least 168.75 support soon.
4H time frame.
let's try this setup guys.
CHFJPY has been making consistent HHs & HLs on H4. I'll continue looking for buys as long as price respects the support at 169.750.
CHFJPY From the chart, it seems you're analyzing CHF/JPY on the daily timeframe. Here's what I can identify based on your markings:Entry Point: Near the current resistance zone around 170.750.
Stop Loss (SL): Above the resistance trendline, possibly around 172.500 (conservative) or 173.000 (aggressive buffer).
Target (TP): The identified demand zone near 165.500 or further down near 164.000.
This setup follows a potential breakout rejection strategy with a bearish bias. Let me know if you need more precise risk management details or additional insights.