CHFJPY Futurecast For ReferenceI have seen synchronicity between this and XAUUSD, so I have decided to see if this graph can be exploited. Lets see how well it can follow its own rules. Will add details later.
JPYCHF trade ideas
CHFJPY SHORTOverall trend is DOWN and broken SUPPORT TURN TO RESISTANCE we can expect a downward movement to the next support area around 167.32
CHFJPY (Bullish)Hello traders
Market structure has been broken and i see N pattern so i expect big bullish movements.
possible buy price HIT our target H4 demand zone
now looking for a bullish run
but if price violates my invalidation zone
ill be looking for continuation bearish trend
CHFJPY - 4hrs ( Sell Trade Target Range 480 PIP ) Pair Name CHF/JPY
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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We seek to spread understanding rather than make money
🔗 Key Technical / Direction ( Short ) Mid Term
Type : Mid Term Swing
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Bearish Break
170.100 Area
reasons
- Major Turn level / M
- inner Choch Break
- Fixed Range poc
- 3QH
- 2Q H
- QH + YH
- inner Fibo Godeln
- Time Reversal
Bullish Reversal
164.500 Area
Reasons
- Major Turn level
- VIsible range HVN
- Fixed Range Value
- Trend Line / w
- Fibo Target
- Pattern Target
- Channel lower Band
Trade Plan (Pending): I am buying CHF/JPY at 169.60CHF Basket - Lower-than-expected Swiss inflation has resulted in the single currency moving to the downside. While the figure is encouraging, the breakdown of the release showing a 2% Y/Y increase for domestic products will be a point of concern for the switch National Bank (source Reuters). From a technical standpoint, the basket highlights support at 894. I look for limited downside pressure.
JPY Basket - there is no clear indication that the downward pressure is faltering. The basket will not complete a bullish Crab formation until 6418. Currently trading 6546.
Correlation studies suggest buying dips CHF/JPY.
CHF/JPY - we have seen a prolonged period of consolidation. We look to be building a bearish Butterfly formation, currently trading within the BC leg to the downside. Trend line support is located at 169.58. We will complete the cypher formation at 172.12.
Buying a dip at 169.60 with a stop below the previous swing low at 169.15 targeting inside the butterfly formation at 172.10 offers a risk-reward factor of 5.56R.
I am buying CHF/JPY at 169.60
SL: 169.15
TP1: 172.10
Risk/Reward Ratio of 5.56R
#tradeplan #CHF/JPY
Trade Ideas Using Volume ProfilesHere is a possible trade entry criteria using volume profiles.
It is a strategy that I recently learned.
It is a possible addition and upgrade to my original strategy.
Trading with Volume Profiles requires patience, since you need to wait for the market to retrace on the high volume price level which some takes days or weeks to play out.
On this set up we can see that there is a significant volume spike on the 170.600 level.
The market also tested it several times already and failed to break it.
My plan is to search a trade signal when the price go back to this level, when a convincing sell signal is there. I will enter the trade.
CHFJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
CHFJPYPresently we are waiting for price action to determine price delivery. If we break below the dotted lines(demand or support) we will go short(sell limit) targeting the 162 price handle.
CHF/JPY 4HWe have created LL and HL from this downtrend in the high timeframe. We expect the market to continue this parallel structure.
CHFJPY Short Analysis + Trade IdeaCHFJPY 4HR Analysis + Trade Idea by OfficialKieranTrewick
Looking for a 4HR fractal pivot rejection off 170.750-171.000 to provide good entries for shorts down to 169.500 - 167.000, The daily trend is very strong with chfjpy ongoing since 2021 and with multiple recent rejections off the latter side it seems it may be loading up for the surge into ATNH but with how strong of a resistance there has been at 171.500 i am not sure if this will be anytime soon, and with how strong the trend has been there is definitely room for some exhaustion down to 165-163 without affecting any long term market structure.
Currently where the inner trend meets the underside of the largescale trend within a large range zone block trapped between 50% and a strong resistance level, the key here is just patience and waiting for the right confirmations to play out.
On friday I already entered a short position with my VIP group from around 170.850 with various take profits levels down to 170.750, 170.500, 170.250, and 169.250.
CHF/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
Previous week’s green candle means that for us the CHF/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 168.960.
✅LIKE AND COMMENT MY IDEAS✅
⚡️CHFJPY CMC TRADING ⚡️ DISTRIBUTION ZONECHFJPY currently finds itself in a distribution zone, characterized by a sideways market condition. Notably, there was a recent false bearish breakout below support, signaling a strong upward move. Despite this, there remains an expectation for a bearish breakout on subsequent structure, as we anticipate a corrective leg following the recent bullish trend.
CHFJPYtrend is bearish printing new LH and LL
retraced to 0.78
expecting to go further bearish from channel top
instant sell
CHF / JPY edging higher There is an upwards channel on the high timeframe for this pair, high chance of upwards movement from any of the three entry points on the chart. I will be scaling in a small amount on the higher risk entry, allowing for some expected drawdown and then adding more at the other entry points.
It's been a good start to the yearSo here's a freebie, hope you're all well and profitable.
Any questions about this forecast please send me a direct message.
The Elliott Wave labelling is straight forward but there is no such thing as a stupid question.
CHFJPY shortCHFJPY
-@monthly highs
_new weekly high(once we get closure above 170,534)
_As seen in previous Bearish Legs (HH) when a new HH is formed a consolidation period begins before any bearish movement to the downside
#BYKCAPITAL
#LETSEAT
CHFJPYDealing with the downward trend line and taking the power of sellers who have the ability to bring the price to the specified target
DEFINATELY A BUY TODAYLondon session started by grabbing some sellside but not all of it which results in a lot of liquidity at buyside, its intention is to grab sellside properly then itll transition its intention to getting the buyside it manufactured.
CHFJPYCHFJPY has currently reached our point of interest which was created after clearing the external range liquidity now we will be targeting 165.000 SL: 171.375
CHFJPY - Broke out Ascending TriangleCHFJPY has broken out of the ascending triangle it has been forming for about 8-9 weeks.
Momentum is purely on CHF side, even though 10 year yield spreads are moving lower between Suisse and Japan.
It's hard to say whether Japan will ultimately get off the negative interest rate environment.
Spring wage negotiations have become so will have to wait.
Technically this is very bullish. Fundamentally I have an even bias.
Suisse inflations came out in line and its more the rental market focus on their end now.
The economy is doing ok. European recession fears and rate cuts would favour Suisse flows.
Geopolitics with oil tanker attack should favour more Suisse upside as risk off sentiment prevails.
Stops at 169.6
Target at 177-178 (will update).
