What if"If the price closes above the silver line, I anticipate a false breakout due to the liquidity in this zone. After that, I expect the price to drop back, retest the resistance, and then fall further to the 160 zone."
JPYCHF trade ideas
CHFJPYCHFJPY is currently in a bearish trend.
Price is forming a bearish flag pattern, indicating a potential continuation of the uptrend.
The pair is being rejected from resistance at the 61% Fibonacci retracement level, adding confluence to the bearish bias.
what you guys think of this idea ?
Bullish M on all time frames weekly - Bullish M in play overall trend is bullish wick rejection to the downside.
Daily - Bullish M on the daily also wick rejection on todays cancel close.
4HR - Bullish M on 4hr, have my buy limit set for the 4hr bullish M
Price is bullish on all time frames.
CHF/JPY at Critical Support: Bearish Breakdown or Bounce?The chart highlights the recent breakdown below a key support level and the potential for further declines if the market continues to favor the yen. I've marked significant Fibonacci retracement levels and the ascending trend line that has been providing support, which could be crucial areas for a bounce or further bearish continuation. Given the current sentiment, my bias leans toward a bearish outlook unless we see a significant shift in economic conditions.
Feel free to review the chart for a detailed visual representation of these analysis points and share your thoughts!
The CHF/JPY pair has been experiencing notable volatility recently, influenced by global economic shifts and central bank policies. In August 2024, the pair has faced significant downward pressure due to the unexpected rate hike by the Bank of Japan, which has strengthened the yen considerably. This move has been compounded by concerns over a potential recession in the U.S., further adding to the market's risk-off sentiment.
On the technical side, CHF/JPY is currently trading near a key support level, with the possibility of a further decline if this support fails to hold. The pair recently tested an important Fibonacci level and is hovering around the lower bounds of an ascending trend line on the daily chart. If the support level breaks, the next potential targets could be the previous lows, making this a critical juncture for traders.
CHFJPY Buy on 1H chartThe CHFJPY is hitting a resistance level in my chart. The bottom candle looks to be signaling a reversal in the trading channel. I expect the price to fluctuate for a few hours before moving off the lower boundary.
This is not investment advice.
CHFJPY is in the Buying Direction testing major support levelHello 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
CHFJPYCurrently on CHFJPY on the daily timeframe price has recently taken out the previous daily low and closed above it, and on the 3-hour timeframe price also took out the previous candle range low and closed above it also indicating a strong support level that will help to distribute price to the upside, to take out the PREVIOUS DAY HIGH.
CHFJPY "swissy yen" Bank Bearish Robbery Plan on Short sideMy Dear Robbers / Traders,
This is our master plan to Heist CHFJPY market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
CHFJPY Set To Fall! SELL!
My dear friends,
CHFJPY looks like it will make a good move, and here are the details:
The market is trading on 171.70 pivot level.
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 - 170.70
Recommended Stop Loss - 172.32
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
CHFJPY bullishswissfranc & Jyen in bullish trenline
no divergence
buystop above last HH
SL below last significant HL
CHFJPY LONGChfjpy has perfectly formed a double bottom pattern and a clear breakout from the neckline, I expect a push to the upside. Let me know what you think in the comment section.
CHF/JPY "SWISSIE" Bank Robbery Plan on Bullish DirectionDear Robbers / Money Makers & Losers,
This is our master plan to Heist CHF/JPY "SWISSIE" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
CHFJPY - 4hrs ( Buy Trade Target Range 320 PIP ) Pair Name : CHF/JPY
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
Key Technical / Direction ( Long )
Type : Mid Term Swing
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Bullish Break
171.400 Area
Reasons
- Major Turn level
- Visible Range Hvn
- Pattern Break
- Quarter Area
- Inner Trend Break
Bearish Reversal
174.800 Area
Reasons
- Major Turn level / M
- Pattern Target
- Visible Range Hvn
- Choch Zone
- Quarter Area
- Fibo Golden
CHFJPYCurrently on CHFJPY on the daily timeframe price has taken out the previous day high, and on the 45m timeframe price has taken out the previous candle range high and closed below it which indicates a strong reversal to the downside
CHFJPY1.CHFJPY is reacting off of the resistance trendline as indicated.
2.We place our sells because we are simply following the previous behavior of the price which is to react off of the support/resistance trendline.
3.The moment the price reacted off of the resistance trendline, We placed our buys imidiately.
4.We hold the Sell on CHFJPY
CHFJPY - Swing LongPrice took out previous week low that severs as a big liquidity pool and potentially a lot of breakout sellers got trapped - it means we have demand area to the opposing liquidity area.
So, I would expect to see price break through previous week high.
CHF/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
The BB upper band is nearby so CHF-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 169.867.
✅LIKE AND COMMENT MY IDEAS✅
CHFJPY bullish ideaHello, this is a bullish idea!
based on abreak out of the pattern and retracement on fibo
CHFJPYCurrently on CHFJPY on the daily timeframe price has just taken out the previous day high which means we will now we heading for those lows and on the 4hour timeframe the 0100hrs candlestick swept the liquidity of the previous day high also turtle souping the previous 4hr candlestick making high of the day, now we will be heading for those lows.
CHFJPY Set To Grow! BUY!
My dear friends,
CHFJPY looks like it will make a good move, and here are the details:
The market is trading on 169.46 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 170.10
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
CHFJPY Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring CHFJPY for a selling opportunity around 170 zone, CHFJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 170 support and resistance area.
Trade safe, Joe.
Long oportunity in CHFJPYCHFJPY is making a Zigzag pattern.
Without a pattern, we cannot understand the thinking of the market
CHFJPY is in a Bearish Structure after Breaking the SupportHello 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
