JPYCHF trade ideas
CHF/JPY SHORT FROM RESISTANCE
Hello, Friends!
CHF/JPY is making a bullish rebound on the 8H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 169.820 level.
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CHF-JPY Bearish Bias! Sell!
Hello,Traders!
CHF-JPY is going up now
But the pair will soon
Hit a horizontal resistance
Of 171.000 from where we
Will be expecting a local
Bearish move down
Sell!
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CHFJPY - Short TradeCHFJPY is in bearish trend with channel support.
No bullish divergence is formed.
Entry is at retracement at LH.
SL is above last LH
CHFJPY: Bullish Forecast & Outlook
The price of CHFJPY will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
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Bullish Setup on CHFJPY — Watching for Confirmation!OANDA:CHFJPY has reached a critical demand area where buyers have previously stepped in, leading to strong bullish momentum. This zone has historically provided a solid base for upward momentum, making it a key level to watch.
If we see bullish confirmation—such as rejection wicks, bullish engulfing candles, or a surge in buying volume—I anticipate a move toward 171.180, aligning with previous market structure. However, a decisive breakdown below this zone could weaken the bullish outlook and shift momentum downward.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
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Best of luck , TrendDiva
#CHFJPY 1DAYCHFJPY (1D Timeframe) Analysis
Market Structure:
The price has broken down below the support line of a symmetrical triangle pattern, indicating a shift in market sentiment toward the downside. This breakdown suggests that buyers were unable to hold the support level, leading to increased selling pressure.
Forecast:
A sell opportunity is expected as the price moves below the broken support line, confirming bearish momentum. Further downside movement is likely if the price remains below this level.
Key Levels to Watch:
- Entry Zone: After a confirmed breakdown and possible retest of the previous support as resistance.
- Risk Management:
- Stop Loss: Placed above the broken support line or recent swing high.
- Take Profit: Target lower support zones for potential downside movement.
Market Sentiment:
The breakdown of the symmetrical triangle support indicates increased bearish pressure, with sellers likely to maintain control. Waiting for confirmation of sustained bearish momentum ensures alignment with market trends before entering a trade.
hCHF/JPY, short, ✅CHF/JPY has broken a key support level at 170.300 while trading in a local downtrend. The breakout is confirmed, indicating further downside movement toward 168.500, a strong support level.
SHORT 🔥
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CHF_JPY BEARISH BREAKOUT|SHORT|
✅CHF_JPY made a bearish
Breakout while trading in a
Local downtrend and the breakout
Is confirmed so we are bearish
Biased and we will be
Expecting the pair to
Fall further down
SHORT🔥
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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
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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.
