Ascending channel movement. After a great impulsive move we are looking for Good correction phase like fibo level 50%. Price hit the major horizontal resistance zone and ascending channel resistance is well. I am expecting local Resistance may push the price down side towards the channel support on higher time frame a great rising wedge can also be seen. This is...
Summary The Yen continues to weaken. The USDJPY is now at a 25-year high. The Details The Bank of Japan (BOJ) intervention could happen any week, meaning some big moves on JPY pairs. I am expecting at least a 500 pip bearish move on USDJPY 💥 If there is no intervention, USDJPY may reach as high as 155-160 before the BOJ changes interest rates to strengthen...
I am looking to sell CHFJPY with 13 risk reward ratio. I am looking for a sell from 168.45 where liquidity resides, but might enter a small position here. Reasons for trade: - H1 TradeATS setup - Liquidity Grab H1
Here I look at what is setting up in line with the prior day's close.
Some possible confluence suggest CHFJPY could possibly short around the 168 area. A potential Gartley pattern on the daily/4 hour chart. Equal measured move/ABCD daily/ 4 hr. Even handle number at 168 even. Testing previous highs. Overbought RSI daily, so possible divergence. Could be a nice area to look at for a shorting opportunity.
We have a good risk:reward ratio for a sellers. The bullish trend of CHF/JPY is going to finish in next few days or weeks. Meanwhile it is possible to see a fake breakout at the strong resistance line of 168.418 (52-Week High).
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Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 167.13, which is an overlap resistance that aligns with the 61.8% Fibo retracement. Our take profit will be at 166.02, an overlap support level. The stop loss will be placed at 168.19, which is a multi-swing high resistance level. High Risk Investment Warning Trading...
HTF looks good for longs. confirmed 1/2 for longs. AS buyers > sellers then we will get 2/2 in favor of longs. entry coming off of POC. bullish AVWAPs. better entry will be if it comes down to tag PD AVWAP and then provides entry. let's see how London opens go. seems like a good candidate for a Grade A long today.
A strong trend upward, and a recent wedge broke out seems likely to re-test the previous pivot resistance or full wedge price action to take profit level. Moving averages at the bottom cover our stop loss. 12-hour hour-recent break of 20 ma shows bullish pressure, likely to re-test previous daily resistance. The pair has been bullish for quite some time, it...
The CHFJPY pair is trading within a Bullish Megaphone for almost 4 months (since July 12) and is on a rebound on the 1D MA50 (blue trend-line). Technically it priced the Higher High of the Megaphone 2 weeks ago so this should be the bearish leg towards its bottom (Higher Lows trend-line). Especially since the 1D MA100 (green trend-line) broke last month for the...
CHFJPY is trading under declining trendline and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 165 followed by 163 region. What you guys think of this idea
CHF/JPY has reacted off a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 166.467 which is a pullback resistance. Stop loss is at 167.602 which is an overlap resistance that sits above the 61.8% Fibonacci retracement level. Take profit is at 164.979 which is a pullback support level. High Risk Investment...
💵Pair Name : CHF/JPY Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( 🔽 Short ) Type : Mid Term Swing —————————— Bullish Break...
Pair Name : CHF/JPY Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Long Educational —————**- 🔗 Just browsing through my analysis means a lot to me. ☑️ Update - VIP Opportunity ———— Entry 1 💵 Take Profit 1 💵Pip' Achieved = 70 PIP 🛍 Account Growth = 10 % ———- Entry 2 💵 Take...
Pair Name : CHF/JPY Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Long Educational —————**- 🔗 Just browsing through my analysis means a lot to me. ☑️ Update - VIP Opportunity ———— Entry 1 💵 Take Profit 1 + 2 💵Pip' Achieved = 140 PIP 🛍 Account Growth = 20 % ———- Entry 2 💵...
Pair Name : CHF/JPY Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Short Educational —————**- 🔗 Just browsing through my analysis means a lot to me. ☑️ Update - VIP Opportunity ———— Entry 1 💵 Take Profit 1 + 2 + 3 💵Pip' Achieved = 210 PIP 🛍 Account Growth = 30 % ———- Entry...