Here is our detailed technical review for CHFJPY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 167.427. Considering the today's price action, probabilities will be high to see a movement to 168.320. P.S The term oversold refers to a condition where an...
My dear friends, CHFJPY looks like it will make a good move, and here are the details: The market is trading on 167.62 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 - 168.52 Recommended Stop Loss - 167.06 About Used...
The CHFJPY pair almost hit the 172.500 Target that we set on our previous call (December 19 2023, see chart below): Since then it has pulled back significantly, giving rise to a new Channel Up pattern. The major development is that it is about to touch the 1D MA200 (orange trend-line) for the first time since April 06 2023. We are prepared to buy after it...
CHFJPY has created a bearish breakout on the hourly support which is likely to continue the bearish momentum to the downside once the price completes with the pullback formation. Expecting a downfall towards the bottom support identified.
✅CHF_JPY is going down now But a strong support level is ahead at 167.000 Thus I am expecting a rebound And a move up towards the target at 168.342 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
CHFJPY - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy CHFJPY Entry - 167.71 Stop - 167.20 Take - 168.78 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! We are targeting the 168.865 level area with our long trade on CHF/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
the price is moving in very nice waves and we are in the 4th wave now if we use the fib tool it indicates we can buy now
OANDA:CHFJPY CHF/JPY: Hunting Bears in the Land of Samurai! ❗️ Sell CHF/JPY at 170.404 for a potential sweet downward ride!❗️ My analysis indicates that breaking above this level could trigger a bearish trend for this pair. First target is 169.200, followed by 168.000 - be ready to lock in profits at these levels! Remember: Watch out for market whales!...
MARKET PHASE OANDA:CHFJPY is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break lows within the corrective structure until it began to hold the bottom. There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure...
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block + institutional big figure 168.000. Like, comment and subscribe to be in touch...
My dear friends, Please, find my technical outlook for CHFJPY below: The price is coiling around a solid key level - 170.37 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 169.45 Safe Stop Loss - 170.92 About Used Indicators: The...
CHF/JPY could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 169.724 which is an overlap support. Stop loss is at 169.100 which is a level that lies underneath an overlap support. Take profit is at 170.612 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin...
MARKET PHASE OANDA:CHFJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above...
Preferred direction: SELL Comment: The Swiss franc also performed well on our previous trading ideas, where the entry strategy was “border to border”. The medium-term prospects here are also not in favor of the US dollar , but in the long term, we consider USDCHF more in favor of the buyer. At this stage, for a medium-term sell-deal, we highlight two...
H4 - Bullish trend pattern. Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
Hello everyone, i hope you enjoy this idea and I would like to hear from you in the comments what you think about it. Your feedback is really important to us as our team is trying to improve everyday.
Welcome back! Let me know your thoughts in the comments! ** CHFJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...